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90. The 21st century corporation: A conversation with Brian Chesky of Airbnb

Inside the Strategy Room

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How to Scale Back Your Business in a Crisis

Airbnb laid off 1000, 900 people during the recession. The company had to reduce its size by around 25%. CEO Brian Chesky wrote a letter explaining why they were doing what they did. He says it was an opportunity for them to show their values and lead by example.

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