Nov 8 (Reuters) - Online travel agency Booking Holdings ( BKNG )

said on Friday it was planning to implement certain

organizational changes, including an expected workforce

reduction as part of a bid to cut costs.

The company did not disclose how many jobs would be affected

but said it expected to provide more details on timing, likely

impact on employees and financials "in due course".

Booking Holdings ( BKNG ) added it would also modernize processes and

systems, optimize procurement and seek real estate savings as

part of the organizational changes.

As of Dec.31, 2023, Booking had approximately 23,600

employees.