Tripadvisor is cutting jobs in its legacy hotel business as part of a new global restructuring, and CEO Matt Goldberg, whose departure the company announced Thursday, acknowledged that combining its Viator and Tripadvisor experiences teams hasn’t worked as expected.
CFO Michael Noonan is also leaving, the company said.
The consolidation of the teams in experiences, Tripadvisor’s most important segment, “hasn’t proved out as we expected, which is evident in our last 12-month performance across our points of sale,” Goldberg said.
In the third quarter, revenue in experiences fell 3%. Adju
Source: skift.com
