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hey guys hope youre all good vacation rental management company be Casa laid off 1 300 employees Tuesday a dramatic step aimed at stabilizing the faltering Portland company the layoff includes 240 in the Portland area which puts it among the Regions largest round of job Cuts since the early days of the pandemic we need to reduce our costs continue to focus on becoming a profitable company new CEO Rob Graber wrote in a note to staff Tuesday which bakasa then filed with Federal Securities Regulators the job Cuts represent 17 percent of vacasas 7 600 person Workforce Graber said the company had already notified the employees who are losing their jobs the reduced roles span both our corporate and field operations teams with a focus on maintaining or exceeding our service levels for both owners and guests the casa said in a written statement if you found this information informative please hit the Subscribe button to get more updates for the startup world