Expedia to cut about 1,500 jobs

Expedia Group Inc. said late Monday it expects to lay off about 1,500 employees as it works to “recalibrate resources.”Expedia EXPE, -0.99%said the employees affected started getting notified on Monday.The online travel company, which also owns brands such as VRBO and Hotels.com, said that it was committed to “restructuring actions” that resulted in the layoffs, in a filing with U.S. securities regulators. All pre-tax charges and costs associated with the restructuring ar