The Airbnb Inc. application is displayed in the App Store on an Apple Inc. iPhone in an arranged photograph. (Photographer: Andrew Harrer/Bloomberg)
(Bloomberg Businessweek) -- This was supposed to be Airbnb Inc.’s big year. There were plans for a blockbuster share listing and expansion of a new ultraluxury holiday business. Instead, a global pandemic decimated travel, and the company had to sack 25% of its workforce, or about 1,900 employees.