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Sonder cuts costs, plans layoffs ahead of Marriott tie-in

Summary by hoteldive.com
The accommodations provider announced $50 million in annualized cost reductions and $18 million in share sales as it prepares to fully integrate into Marriott channels in Q2.

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Sonder cuts costs, plans layoffs ahead of Marriott tie-in

The accommodations provider announced $50 million in annualized cost reductions and $18 million in share sales as it prepares to fully integrate into Marriott channels in Q2.

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SkiftSkift

Sonder Announces $50 Million in Spending Cuts and Layoffs Ahead of Marriott Integration

Skift Take: Sonder is waiting for a Marriott lifeline to kick in. For Marriott, this deal comes with reputational risks concerning the financial viability of its partner. -Dennis SchaalRead the Complete Story On Skift

·New York, United States
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Skift broke the news in New York, United States on Monday, April 14, 2025.
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