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Stockreport

Expedia Begins Layoffs Targeting 12 Percent of Its Workforce [Yahoo! Finance News]

Expedia Group, Inc. (EXPE)  More Company Research Source: Yahoo! Finance News
Last expedia group, inc. earnings: 2/13 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: expediainc.com/contact-investor-relations
After less than three months of focusing on the day to day operations of Expedia Group, chairman Barry Diller and vice chairman Peter Kern took their first overt steps in reshaping the company with plans to lay off 12 percent of its workforce. Expedia Group’s leadership sent an email Monday to employees globally saying it intends “to reduce and eliminate certain projects, activities, teams and roles to streamline and focus our organization.” The email is embedded below.) The company will begin notifying employees this week in geographies “where we have clarity” and in others the company will begin consultations with employees and their representative to discuss certain plans, the email said. In some countries, such consultations may be legally required. The company told Skift that 12 percent of its “direct workforce” would be laid off, pending consultations in certain countries. Expedia Group counted a total of 25,400 employees, including part-timers, at the end of 2019. If you assume [Read more]
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Stockreport

Expedia Begins Layoffs Targeting 12 Percent of Its Workforce [Yahoo! Finance News]

Expedia Group, Inc.  (EXPE) 
More Company Research Source: Yahoo! Finance News
Last expedia group, inc. earnings: 2/13 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: expediainc.com/contact-investor-relations
After less than three months of focusing on the day to day operations of Expedia Group, chairman Barry Diller and vice chairman Peter Kern took their first overt steps in reshaping the company with plans to lay off 12 percent of its workforce. Expedia Group’s leadership sent an email Monday to employees globally saying it intends “to reduce and eliminate certain projects, activities, teams and roles to streamline and focus our organization.” The email is embedded below.) The company will begin notifying employees this week in geographies “where we have clarity” and in others the company will begin consultations with employees and their representative to discuss certain plans, the email said. In some countries, such consultations may be legally required. The company told Skift that 12 percent of its “direct workforce” would be laid off, pending consultations in certain countries. Expedia Group counted a total of 25,400 employees, including part-timers, at the end of 2019. If you assume [Read more]
IMPACT SNAPSHOT
EVENT TIME:
EXPE
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS