Booking Holdings announced on Friday that it will make a variety of “organizational changes,” including job cuts.

Booking Holdings, whose brands include Priceline, Kayak and OpenTable, expects to cut jobs and implement organizational changes that include seeking real estate savings, modernizing processes and systems and optimizing procurement.

Nov 9 (Reuters) - Online travel agency Booking.com could cut jobs as part of a review of its organizational structure, it said on Saturday. "This is a difficult but necessary proactive step to make sure Booking.com remains agile in a very competitive industry and keeps driving customer-centered innovation at pace," it said in the statement.

Booking.com, the popular online travel agency, is reviewing its organisational structure, which may lead to job cuts. The company says it's a necessary step to stay competitive and enhance customer-focused innovation.

The move came barely a week after the online travel firm raised its full-year gross bookings outlook. Read more at straitstimes.com.

Online travel giant Booking Holdings said on Friday it expected to cut jobs as part of broader changes to its businesses, which also aim to reduce real estate expenses. Booking Holdings, which owns brands like Booking.

Booking.com’s parent company, Booking Holdings on Friday announced that it plans to cut jobs in the company. The travel giant said that it expects to layoff people as part of broader changes to its businesses.