Airbnb is ending ambitious efforts to expand into transportation and film. Here are all the moonshot projects Airbnb is halting or scaling back to save money.
Published
· Airbnb is scaling back its broad ambitions to disrupt the broader travel industry, as its business gets wiped by the coronavirus.
· Airbnb CEO Brian Chesky sent out a memo to Airbnb employees on Tuesday, informing them that the company was cutting 25% of its staff, or about 1,900 jobs.
· The cuts were guided by the...