Receipts.Tech

#262 on the board

C

Hopper

CompanyMixed record50/100low confidence · 3 issues
1 opposed1 mixed1 supported

Receipts

3

Against

1

Flagged on

📉Layoffs×1

AI-powered travel booking app.

IndustryTravelFounded2007Headcount3,000+Raised$700M · Series Ghopper.com

The receipts (3)

Opposed📉LayoffsNov 2024

Hopper laid off 30% of staff (~250 employees) in October 2023 as the Montreal-based travel company pushed for profitability. CEO Fred Lalonde said "the world has changed, money is no longer free." This was followed by another 10% cut (~60-65 employees) in November 2024 after Expedia resumed supplying hotels to Hopper, making the direct hotel team redundant.

News✓ VerifiedShare ↗
Supported🤖AI EthicsJan 2024

Hopper uses AI for price prediction transparency. Consumer-focused AI helping travelers save money.

Company Website✓ VerifiedShare ↗