05:35 AM EST, 11/11/2024 (MT Newswires) -- Booking Holdings ( BKNG ) said in a Friday filing that it plans to implement a string of organizational changes, including an expected workforce reduction, to optimize expenses and free up resources for further investment.

The company said the organizational changes also include processes and systems upgrades and potential real estate savings, among others.

Booking Holdings ( BKNG ) said the timing and financial impact related to the changes remain subject to processes such as consultations with employee representatives and other relevant organizations.

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