Airbnb Lays Off 1,900 Employees

Video Credit: Wochit News - Duration: 00:30s - Published
Airbnb Lays Off 1,900 Employees

Airbnb Lays Off 1,900 Employees

On Tuesday, Airbnb CEO Brian Chesky told employees that 1,900 people would be laid off due to coronavirus.

That accounts for 25% of its workforce.

According to Business Insider, laid off employees would get a severance package that includes 14 weeks of pay, plus an additional week for each year they've been with the company.

Airbnb will also provide them with a year of medical healthcare, four months of mental health support, and assistance finding a new job.


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