"Airbnb plans to halt all of its marketing, pause most hiring, and likely withhold employee bonuses as it tries to conserve cash amid a slide in bookings" https://t.co/peIgmygFQM

— Mike Dudas (@mdudas) March 28, 2020

AirBnB is going to cut all marketing ($800M), stop hiring, end employee bonuses, cut executive pay by 50% with potential layoffs to stay afloat.

The first big tech casualty of #COVID19. Shows importance of timing. Uber has cash from IPO while they delayedhttps://t.co/DoRntLmcHR

— Dare Obasanjo (@Carnage4Life) March 27, 2020

"He estimated the cuts to the marketing budget would save $800 million this year"

Airbnb to Halt All Marketing, Most Hiring as Losses Mount https://t.co/8YjE4mSM26 via @theinformation

— Andrew Freedman, CFA (@HedgeyeComm) March 27, 2020

Wondering how big a deal this really is? Given the big duopoly in online ad spend and the massive GOOG and FB cash reserves ($110B and $55B) will there be a ripple effect?

Or am I just assuming their marketing spend is mainly online and actually there’s a lot of offline spend https://t.co/RlVzY3qwww

— Alex Miller (@alexlmiller) March 27, 2020

“Chesky said the company’s three co-founders wouldn’t take a salary this year and that the pay of other executives would be cut by 50%. He estimated the cuts to the marketing budget would save $800 million this year.” https://t.co/7wQQ2QUkWQ

— Alex Heath (@alexeheath) March 27, 2020

AirBnb is going to save $800 million by cancelling all marketing. So: Airbnb is in trouble (duh). So are all the businesses that got some of that $800 million in marketing (also, duh). https://t.co/xoTe8nEsfb

— Peter Kafka (@pkafka) March 27, 2020

Airbnb suspends marketing to save $800 million, top executives take pay cut: source https://t.co/7B34x1aWJq - news firing tonight, I tell you.

— Ryan Strachan (@5Solae) March 28, 2020

AirBnB is going to cut all marketing ($800M), stop hiring, end employee bonuses, cut executive pay by 50% with potential layoffs to stay afloat.

The first big tech casualty of #COVID19. Shows importance of timing. Uber has cash from IPO while they delayedhttps://t.co/DoRntLmcHR

— Dare Obasanjo (@Carnage4Life) March 27, 2020

Wow.

"He estimated the cuts to the marketing budget would save $800 million this year."https://t.co/I6qszvCx19

— Babak Azad (@babakazad) March 27, 2020

에어비앤비가 모든 마케팅과 신규고용을 중단하고 보너스도 지급하지 않기로 했다고. https://t.co/eQK40q4coG 창업자는 봉급을 받지 않고 임원들은 향후 6개월간 50% 감봉. 앞으로 대규모 해고 가능성도 배제할 수 없음. 올해 최고 IPO유망주였던 회사인데… ㅠㅠ pic.twitter.com/tII8PKF3po

— 에스티마 (@estima7) March 28, 2020

Airbnb freezes hiring and suspends marketing due to coronavirus https://t.co/I71TZadCub with @dee_bosa

— Sal Rodriguez ? (@sal19) March 27, 2020

Airbnb, 추가고용 및 마케팅 중단. 중역도 봉급 50% 감축하고 사원에게도 보너스 지급 않기로. 원래는 올해 상장해 상승기류를 타려 했겠지만, 여행시장이 죽어버리면서 정반대로 향하는 중. https://t.co/rjBeQfX96x

— 나가토 유키 (@nagato708) March 28, 2020

Airbnbがマーケティング、採用、ボーナス支給を全停止。未曾有の売上減にどうにか対応しようとしてる。
https://t.co/quLYUJEgc2

— あまど＠Timers inc. CTO (家族アプリFamm運営) (@amado_tech) March 28, 2020