Showing Results for tag: cut

Sonder cuts workforce by one third

News Story / 25 March 2020

US: San Francisco-based hospitality startup Sonder has announced it has laid off 22 per cent of its workforce and furloughed an additional 11 per cent of its staff as the reality of the coronavirus impact on the travel industry bites hard.

IHG to cut $150 million in costs

News Story / 20 March 2020

Worldwide: With hotel demand at record lows, InterContinental Hotels Group, the group behind Kimpton and Hotel Indigo, announced $150 million in cost cuts.

Thank you sponsors