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by Germanika
2045 days ago
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You're not far off on your numbers, they laid off around 1900 people back in May, out of ~7500 employees. I would think the IPO is happening despite the pandemic, not because of it. They had been planning to go public long before the IPO hit, so I wouldn't read into that too much. I definitely have similar reservations about the company as you do though. I get the impression the tide is generally turning against the airbnb model at least within major cities. |
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