Airbnb Slows Hiring Overseas, Shifts Strategy
Airbnb Inc. is trying not to become another cautionary tale in international expansion.
One of technology’s hottest startups, with a valuation of $2.5 billion, the online-accommodation rental service has recently slowed down hiring in its international operation, according to several people with direct knowledge of the matter. It has also shifted its strategy abroad, assigning scores of employees to new roles and moving to centralize certain services in a yet-to-be announced European hub, these people added.