Airbnb Cuts Recruiting Staff by 30% Even as It Selectively Hires

Airbnb Inc. laid off 30% of its recruiting staff this week even as it plans to expand overall headcount this year.

The cuts affected 0.4% of the San Francisco-based company’s total workforce of 6,800, a spokesperson said, noting that it’s not an indication of more widespread layoffs.

Airbnb has been one of the few tech firms to avoid mass layoffs while many peers have cut their growth expectations amid higher interest rates and a sector-wide slow down. Travel companies, meanwhile, have largely remained resilient as demand for trips boomed after the pandemic.

Airbnb made painful choices around lay offs ...