Shortly after a period of ramping up hiring after its headcount was decimated as a result of the pandemic's impact on the travel industry, Tripadvisor Inc. is making job cuts.
The Needham-based travel metasearch company (Nasdaq: TRIP) said Wednesday that certain employees have been impacted by layoffs, a cost-cutting move that is expected to result in an estimated $35 million in annualized cost savings.
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