Booking Holdings—Cutting up to 1,000 jobs at Booking.com despite $5.9B net profit (37% increase)
Booking Holdings announced layoffs of 'more than 200 and fewer than 1,000' employees at Booking.com, primarily affecting its Amsterdam workforce of 7,000. This came despite reporting a 37% increase in net profit to $5.9 billion in 2024. The company claimed layoffs were 'not a cost-cutting measure' but 'an effort to operate more efficiently.' Previous layoffs: 2,700 in 2022, 4,000 in 2020.
Scoring Impact
| Topic | Direction | Relevance | Contribution |
|---|---|---|---|
| Worker Rights | -against | primary | -1.00 |
| Overall incident score = | -0.590 | ||
Score = avg(topic contributions) × significance (medium ×1) × confidence (0.59)
Evidence (1 signal)
Cutting up to 1,000 jobs at Booking.com despite $5.9B net profit (37% increase)
Booking Holdings announced layoffs of 'more than 200 and fewer than 1,000' employees at Booking.com, primarily affecting its Amsterdam workforce of 7,000. This came despite reporting a 37% increase in net profit to $5.9 billion in 2024. The company claimed layoffs were 'not a cost-cutting measure' but 'an effort to operate more efficiently.' Previous layoffs: 2,700 in 2022, 4,000 in 2020.