Expedia’s lifeline; Bill Gates on life after lockdown; Pivoting in a pandemic – GeekWire

Here’s what we’re speaking about this week on the GeekWire Podcast. “Picture dining establishments that only seat people today at just about every other desk, and airplanes the place just about every middle seat is vacant.” That is what the “semi-normal” subsequent phase of the pandemic will look like, Invoice Gates suggests, featuring a starkly […]

Expedia Chairman Barry Diller on travel, airline bailouts, and advertising amid COVID-19 crisis – GeekWire

Expedia Chairman Barry Diller. (Expedia Photograph) “Cataclysmic.” Which is how Barry Diller explained the present state of the environment in an interview with CNBC Thursday. Diller sits in a exclusive placement amid the COVID-19 disaster, main a single of the world’s greatest travel companies as Expedia’s chairman while also overseeing web and media large IAC. […]

Analyst lowers Expedia profitability estimates again as questions swirl about future of travel – GeekWire

(GeekWire Photo) It’s unclear how the COVID-19 outbreak will adjust the way we travel. Will customers be far more wary of receiving on a plane or remaining in a lodge? Will remote get the job done lower company travel wants? Will the travel industry simply return again to typical? The uncertainty places the potential of […]

Expedia withdraws 2020 financial guidance, stock sinks 9% as frustrated travelers try to cancel trips – GeekWire

Expedia Chairman Barry Diller. (Expedia Photograph) Expedia Team on Friday withdrew its 2020 complete-year economical direction, citing uncertainty with travel trends due to the COVID-19 outbreak. “As COVID-19 has speedily unfold from Asia to Europe and North The usa about the earlier handful of months, travel trends have ongoing to worsen. It continues to be […]

IAC Vice Chairman Victor Kaufman steps down from Expedia Group board – GeekWire

Victor Kaufman. (Expedia Group Picture) Victor Kaufman resigned from the Expedia Group board on March 5, according to a SEC submitting created community on Wednesday. Kaufman is vice chairman at world wide web conglomerate IAC. He’s been a director at Expedia Group given that IAC spun out the business in 2005, just after getting it […]

Expedia Group revenue could drop by $470M (18%) in Q1 amid coronavirus outbreak – GeekWire

GeekWire File Picture Citing the uncertainty in world vacation amid the novel coronavirus outbreak, a veteran Wall Road analyst issued lower estimates for Expedia Group’s critical economic benefits, predicting a decline of 18 %, or additional than $470 million, in the company’s first quarter income vs. the exact period final 12 months. “We are decreasing […]

Expedia cuts 3,000 jobs, including 500 at new Seattle HQ — read the internal email to employees – GeekWire

Expedia Chairman Barry Diller. (Expedia Photograph) Expedia Group is laying off 12 p.c of its workforce, about 3,000 workers, in an effort to “streamline and focus” the Seattle-based mostly on line travel large beneath chairman Barry Diller next the ouster of its CEO and CFO late last yr. In an electronic mail sent to personnel […]

Expedia VP Sandy Anuras on managing a team spanning 15 offices and 12 time zones – GeekWire

Sandy Anuras, Expedia vice president of Global Advertising Technology at the company’s new Seattle offices. (Jule Kim Photography) As vice president of Global Advertising Technology at Seattle’s Expedia, Sandy Anuras is managing a staff of 300 employees unfold throughout 15 offices spanning 12 time zones. Preserving a group that big and numerous pulling in the […]

Layoffs looming at Expedia? Diller looks to simplify ‘bloated’ company, aiming to save up to $500M – GeekWire

Expedia Group’s new Seattle campus. (GeekWire Image / Kurt Schlosser) Cutbacks are coming at Expedia Group, according to the Seattle-based mostly journey giant’s annual regulatory submitting and responses made by chairman Barry Diller on its Thursday earnings call. The business stopped quick of applying the phrase layoffs, and a spokesperson declined to comment Friday when […]