Expedia Group’s earnings report Thursday included an interesting nugget about its technology hiring efforts, indicating that the Seattle-based online travel giant is capitalizing on cutbacks in the broader tech industry.
Julie Whalen, the company’s chief financial officer, told analysts on a conference call that Expedia Group has “continued to invest in talent across our product and technology teams” to support strategic initiatives.
Due in part to its increased employment and compensation expenses, Expedia Group reported that overhead expenses rose 14% in the second quarter to $627 million.
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