The vacation rental management company is cutting 13% of its workforce, while working to restructure and reverse several quarters of turbulence.
PORTLAND, Oregon — Portland-based Vacasa is cutting 13% of its workforce, or 800 roles, as the vacation rental management company works to restructure and reverse several quarters of turbulence.
In an email sent to employees Thursday CEO Rob Greyber called the restructuring “significant” and said it means “we will be parting ways with a lot of talented and hard-working people who have made many meaningful and lasting contributions to Vacasa.”
Vacasa’s stock closed down 6.6% Thursday at $6.51.
This is the second round
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