Expedia cuts about 3,000 jobs

Expedia Group is laying off 12% of its employees, amounting to around 3,000 jobs, GeekWire reported.

The report referenced an internal email from executives that told employees the cuts come after a “disappointing 2019 business performance.”

In addition to employees, the email stated Expedia would reduce projects, activities and teams “to streamline and focus our organization.”

The news about employee cuts comes after a December management shakeup, in which chairman Barry Diller took over the company’s leadership after ousting former CEO Mark Okerstrom.

Earlier this month on his first financial earnings call in that role, Diller blasted the company as “wildly complex,” “bloated” and one that “lost clarity and discipline.”

He didn’t make any announcements about staffing on the call, but did commit to simplifying the organization. As a result, Expedia expects cost savings of between $300 million and $500 million.

In a statement, Expedia said, “Today, Expedia Group announced our intent to simplify how we do business. This includes stopping certain projects and activities, reducing use of vendors and contractors and eliminating approximately 12% of our direct workforce. This will include about 500 people in Seattle. We remain committed to Seattle and greater King County.”

* This article originally appeared on Travel Weekly.