Airbnb is planning to cut 25% of its workforce as it deals with a huge decline in travel due to the coronavirus pandemic.
This will impact around 1,900 of its 7,500 employees around the world. The company's European headquarters in Dublin employs several hundred people.
Ian Guider, markets editor of the Business Post, joined us with this story and more of the day's business news, including:
- Uber cuts 3,700 jobs
- Towerbrook closing in on deal to take over Irish tech company CarTrawler
- The State's biggest private landlord says almost 100% of rents have been collected
Listen to the interview in full by pressing the play button on this page.
