• Airbnb sets stage for blockbuster listing with confidential IPO filing

    Airbnb sets stage for blockbuster listing with confidential IPO filing

    Short-term home rental company Airbnb on Wednesday confidentially filed for an initial public offering with the Securities and Exchange Commission, setting the stage for one of the marquee stock market debuts of the year. The number of shares to be offered and the price range for the IPO have not yet been determined, the company …
  • Airbnb reportedly readies for confidential IPO filing this month

    Airbnb reportedly readies for confidential IPO filing this month

    Home rental company Airbnb is reportedly planning to file confidentially for an IPO later this month. The filing would see Airbnb trading on public markets before the end of the year, according to the Wall Street Journal. It arrives as its core home rental business has been pummeled by the coronavirus pandemic, with travelers canceling …
  • Airbnb reportedly laying off 25 percent of its workforce

    Airbnb reportedly laying off 25 percent of its workforce

    Airbnb is reportedly laying off nearly 2,000 employees due to the coronavirus pandemic — effectively slashing its headcount by 25 percent. The 1,900 workers axed by the home-sharing startup will receive a four-month pay package, as well as accelerated equity vesting and health insurance for a year, sources familiar with the matter told Reuters. CEO Brian …