TripActions reportedly lays off hundreds amid COVID-19 travel freeze

The coronavirus demand crunch has taken another bite: Palo Alto-based corporate travel-focused unicorn, TripActions, reportedly laid off hundreds of staff yesterday. Per this post on Blind — written by someone with a verified TripActions email address — the company fired 350 people. Business Insider reported the same figure yesterday. While the Wall Street Journal said […] Continue reading TripActions reportedly lays off hundreds amid COVID-19 travel freeze

TripActions raises $14.6 million for corporate travel booking

luxury vacation Corporations could be a lot more efficient with the travel spend, believes booking platform TripActions. And they’re announcing $14.6 million in funding from Zeev Ventures and Lightspeed Venture Partners to fulfill that mission.
Premised on the idea that people spend more money when it’s the company’s dime, the startup offers employees rewards for staying under a target budget. Read More Continue reading TripActions raises $14.6 million for corporate travel booking