Airbnb to make a quarter of its global workforce redundant

Staff losing jobs receive email within hours of co-founder outlining plans in blogpost

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Airbnb has set out plans to make 1,900 staff redundant, about a quarter of its global workforce, as it forecast revenues in 2020 would be half the $4.8bn (3.9bn) generated in 2019.

Brian Chesky, its chief executive and co-founder, described coronavirus as the most harrowing crisis of our lifetime". He told staff: We don't know exactly when travel will return. When travel does return, it will look different."