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I'm an employee and Airbnb is actually doing very well right now. People have been taking a lot of trips to less dense areas as nearby getaways. https://www.financial-world.org/news/news/business/6074/cali...

Same for VRBO, which is also doing very well.

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That must be the reason why they fired 25% of their workforce.

Layoffs happened when bookings tanked when the pandemic began (February and March). The recovery happened in the later stage of the pandemic, in May and later. Nobody expected this internally or externally and it's alright if you are skeptical. The official numbers will be made public pretty soon anyway.

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