Business ❯ Corporate Strategy ❯ Restructuring

Layoffs

Employee Impact Employee Relations Workforce Management Tech Industry Operational Efficiency Third-Party Publishing Plant Closures Sales Staff Employee Transition Ubisoft Capital Allocation Game Companies Digital Transformation Sony Interactive Entertainment Starbucks Employee Management Cost Reduction Procter & Gamble Disney Financial Performance Financial Health Severance Packages Game Industry Workforce Reduction Investment Nike Artificial Intelligence Turnaround Plans Target Market Competition AI Integration Human Resources Entertainment Industry Orvis Automation Behaviour Interactive Cost Savings Geographic Pullback Software and Services Division Cost Cutting

Tripadvisor Cuts About 20% of Staff in Shift to Experiences-Led, AI-Driven Model

The company is merging Tripadvisor with Viator to chase $85 million in savings, refocusing the flagship brand on profitability.