A Message to Employees From Tripadvisor CEO and Co-founder, Steve Kaufer
Due to the effects of the COVID-19 pandemic on our business, Tripadvisor today announced a workforce reduction that will impact more than 900 employees, which is approximately one-quarter of our total workforce.
I first want to acknowledge that earlier today, I delivered some tough news about steps we are taking as a company to seek significant cost savings that will help Tripadvisor get to the other side of the COVID-19 pandemic. I know that today marks a difficult day for many of our colleagues and friends. Everyone’s lives have been upended by this virus, and I continue to be profoundly humbled by and, at the same time, so proud to see everyone in this company rising to the occasion. I’ve been in awe, watching you all work day and night to ensure travelers and our travel partners receive the high level of service expected of our brand as teams remain virtually connected and productive.
But sometimes, the most valiant of efforts aren’t enough to counter outside circumstances and, as a public company, it is our responsibility to adjust, adapt and evolve to the environment that surrounds us.
Since mid-to-late February, COVID’s impact on the travel industry and our business has slowly revealed itself day by day. The pandemic has had an impact on the economy that no one expected. Our personal and professional lives have changed in profound ways.
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