HotelTonight Cuts 20 Percent Of Its Workforce

HotelTonight CEO Sam Shank (pictured above) said he laid off 37 employees today, 20 percent of the hotel booking startup’s total workforce. Shank described the cuts as “a strategic movement that will enable us to reach our growth and revenue targets” and will result in “a more streamlined and focused company.” At the same time, he was quick to add, “This was…
V247