Booking.com, an Amsterdam-based online accommodation booking platform, will slash its workforce by “more than 200 and fewer than 1,000.”
The layoffs are expected to have a significant impact on its Amsterdam workforce, says the company’s spokesperson to NU.nl.
“The exact number has not been officially confirmed yet, but it is close to a thousand,” the spokesperson added when asked how many people will be laid off globally. “We are in the middle of the process.”
The move aligns with Booking’s parent company’s plans to trim its workforce and streamline operations back in November.
At present, Booking.com has 13,000 employees worldwide, with 7,000 currently working in Amsterdam.
However, this is not the first instance of the Amsterdam company laying off its employees.
In 2022, the company slashed around 2700 employees and around 4000 employees in 2020 as part of its restructuring plans.
Efforts to operate efficiently
The announcement comes as the company reported a 37 per cent increase in net profit to $5.9B (approximately €5.09B) in 2024, along with a rise in revenue.
The Amsterdam-based company maintained the same momentum even in Q1 2025.
Bookings.com revenue grew by 8 per cent to $4.8B, and the company generated $3.3B in net cash from operating activities and $3.2B in free cash flow, marking 21 per cent and 23 per cent YoY growth, respectively.
Despite the strong financial scenes, the company says the layoffs are not a cost-cutting measure.
According to the company, the layoffs are part of an effort to operate more efficiently.
“We are indeed in the midst of a transformation program, which we announced last year, designed to help ensure that we are set up for future success as a business. One piece of this, amongst other streams of work in procurement and technology, is looking at our organisation and making sure that we are the right size and shape moving forward,” says the company’s spokesperson to Silicon Canals.
“This also means that we have enough of the right talent in the right roles and are investing properly in the most important areas to continue innovating and meeting the demands of our customers, as well as the very competitive industry we operate in,” adds the spokesperson.
“As we are in the midst of this process and need to follow a number of consultation processes in various countries (this is global and employees in the Netherlands aren’t the only ones impacted), we can’t confirm exact figures just yet. That being said, the ranges that have already been reported on are in the right ballpark,” the spokesperson confirms.
