Expedia is on fire and plans to eliminate 40% of Orbitz' payroll - that'll be about 325 jobs, it'll happen very quickly. Most of the cuts will affect Chicago. CEO's already out, got canned back in November. 150 Mil in severance - 500 folks in Chicago... read more
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Topics regarding layoffs at Orbitz Worldwide Inc.
Things are getting interesting, the numbers do not look good and I would not be surprised if we experience significant cuts - just look at the number of positions listed, it's getting smaller every day. Just my 2 cents though...