Airbnb Shrinking Due to Coronavirus Outbreak1 min read

Airnb

The anxiety caused by the outbreak affected the tourism industry and sharing platforms this year. Airbnb decided to shrink due to the outbreak.

Airbnb layoffs due to outbreak

Due to the coronavirus, people all over the world take care to stay at home. This situation directly affects the tourism sector and causes people who are concerned about the epidemic to move away from sharing platforms such as vehicles and homes.

Accommodation and home sharing platform Airbnb is among the platforms that have experienced the epidemic period in the most difficult way. In line with the decision taken, Airbnb will lay off 1900 people, corresponding to 25 percent of its total employees. It is stated that this decision of Airbnb has to take in order to maintain the current financial situation.

In addition to paying 14 weeks of salary, Airbnb will pay an additional 1 week of salary and 1 year of health insurance for each year of employment, in order to avoid further victimizing its employees.

Airbnb, which has a debt of about 2 billion dollars, seems to have to tighten the belt for a long time as the habit of travel will not be restored even if the outbreak ends.

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