Expedia Aktie News

With Just One Month Until the Total Solar Eclipse, Expedia and Vrbo App Feature Helps Last-Minute Eclipse Chasers Find a Place to Stay SEATTLE , March 8, 2024 /PRNewswire/ -- The countdown is on for the first total solar eclipse since 2017, with just a month left for eclipse enthusiasts to lock in their travel plans. According to Expedia® data released today, cities along the path of totality w...

While value stocks are plentiful in the market, they are often undervalued for a reason. Discerning an undervalued stock from a value trap requires some heavy lifting.

Despite economic challenges, this year is shaping to be a banner year for travel stocks. This positive outlook is due to the sector's recovery efforts as it approaches pre-pandemic levels.

Tough times require tough cost-cutting decisions, including job layoffs. However, to get a company back on the right track, reach profitability, and increase margins, they're often required.

Expedia (NASDAQ: EXPE ) layoffs are a hot topic on Tuesday after the online travel company announced plans to cut 8% of its workforce. These Expedia layoffs will result in 1,5000 of the company's employees losing their jobs.

Last year's roaring success has posed problems for the travel sector, as investors digest the prospect of tough comparisons and slowing demand growth in 2024.

Expedia Group Inc (NASDAQ:EXPE, ETR:E3X1) has unveiled plans to lay off some 1,500 employees as travel demand growth slows. Employees were notified of the cuts on Monday, which are set to affect around 9% of the online travel company's workforce as it looks to “recalibrate resources”.

Expedia Group is planning to cut about 1,500 jobs and reduce the size of its workforce by about 8% as it continues a restructuring effort after undergoing a technical overhaul.