Expedia Group Axes Tech Roles Amid Overhaul
Executives Undergo Reshuffle: Key VP Departs, New CTO for InsurTech Onboards
SEATTLE – Expedia Group (EXPE), a travel industry heavyweight, has announced a series of workforce changes, including the elimination of several tech roles, hinting at a broader company shift towards AI-driven travel applications. Simultaneously, the Seattle-based company is experiencing significant executive reshuffling, marked by departures and new appointments.
Expedia's workforce overhaul involved letting go of an unspecified number of employees from its Traveler Products team, a part of the larger Product & Technology organization headed by Chief Technology Officer Rathi Murthy. The decision is in line with the company’s forward-looking strategy. “As we have begun looking to 2024, it is important that we are ready to ‘Build the world’s most loved AI-powered travel apps,’” said Tript Singh Lamba, an Expedia Group senior vice president, in an internal message.
Yet, the focal point of the internal communique was the executive leadership transition. Eric Toyofuku, Vice President of research and advocacy, is stepping down from his role to explore other avenues. Meanwhile, Jonathan Finch, previously the Global CTO for Amazon Insurance, is set to spearhead Expedia’s burgeoning InsurTech business.