Important Update: Layoffs and Snore Fests

Bri-E-Chesky sent the following email to Airbnb employees earlier today. Dear Airbnbers, I'm sorry to say that the company is forced to initiate layoffs due to the unfortunate consequences of the Snore Fests that have happened in our offices recently. I understand it's a difficult time for everyone--we must come together to get through this. We all need to take responsibility for our own actions and the actions of others, and as your leader, I take much of this burden. As a result of the Snore Fests, 15 percent of us must part ways. We'd like to explain a bit about the situation: the Snore Fests have caused tremendous disruption to our services and have caused an unfortunate chain reaction that resulted in this situation. Ultimately, we believe that these layoffs are necessary to ensure Airbnb’s success going forward. We know this is hard, but ultimately we must take control of our own destiny and make the difficult decisions needed for our future. We understand this is a trying time—and I want to personally thank all of you for your hard work, dedication and tenacity during this period. Together, we will get through this. Stay safe and healthy, Bri-E-Chesky Airbnb CEO