Booking Holdings plans restructuring including workforce reduction; no cost estimate yet

Booking Holdings Inc.

Intends to implement organizational changes including workforce reduction, process modernization, procurement optimization, and real estate savings.
Consulting with works councils and employee representatives in multiple jurisdictions; no final decisions yet.
Unable to provide cost estimate or range at this time; will file an amendment after determination.
Aims to improve operating expense efficiency, increase organizational agility, and reinvest resources.

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