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Fortune

Trey Williams

'Allow people to leave the company with dignity': How Airbnb CEO's job cuts stand in stark contrast to Meta and Twitter

Airbnb Brian Chesky Twitter Inc. Meta Elon Musk Mark Zuckerberg

Brian Chesky at Fast Company Innovation Festival. (Credit: Eugene Gologursky—Getty Images for Fast Company)

Barely two months into the pandemic, Airbnb laid off a quarter of its employees—1,900 people. The company, which ended the year with an IPO, had lost roughly 80% of its business to the pandemic, CEO Brian Chesky tells Fortune in an interview on Wednesday.

"We didn't know when [the business] was coming back," he says.

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