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Vacasa announces significant layoffs in drive for profitability

Vacasa announces significant layoffs in drive for profitability

Portland vacation rental company Vacasa (Nasdaq: VCSA) is cutting 17% of its workforce to bring costs in line with its 2023 profitability strategy, according to regulatory filings. About 33 roles in the Portland region are being cut. The company will have 207 employees in the Portland region.