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BKNG

Booking Holdings

$1,152.24 /

-23.16 (-1.97%)

16:28
03/23/20
03/23
16:28
03/23/20
16:28

Booking Holdings COVID-19 measures include general hiring freeze company-wide

"We know that eventually COVID-19 will no longer dominate our lives and prevent people from traveling, but no one knows for sure when this will happen. This unpredictability requires us to act prudently and put control measures in place to position the company for the long haul. These actions will ensure that we can continue to support our employees, customers and partners through this crisis, and be better positioned for the recovery that we know will come. Some of the recent measures include: Cutting non-essential business travel across our business. Cancelling internal company events and offsites. Dramatically reducing marketing spend worldwide .Implementing a general hiring freeze company-wide until further notice . n addition to the above measures, the brand CEOs (Steve Hafner, John Brown and Brett Keller) and I have made the decision to forego our salaries during this time of the crisis, effective immediately. Our Board of Directors has also voluntarily declined to accept any cash retainer payments during the same time period," said companymanagement.

  • 24

    Mar

BKNG Booking Holdings
$1,152.24 /

-23.16 (-1.97%)

03/23/20 Deutsche Bank
Booking Holdings price target lowered to $1,600 from $2,225 at Deutsche Bank
03/10/20 RBC Capital
Booking Holdings price target lowered to $1,900 from $2,150 at RBC Capital
03/10/20 SunTrust
Booking Holdings price target lowered to $2100 from $2250 at SunTrust
03/10/20 Credit Suisse
Booking Holdings price target lowered to $1,870 from $2,260 at Credit Suisse

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