#Booking.com to repay Dutch COVID aid in bonus row
“#Booking.com to repay Dutch COVID aid in bonus row”
Dutch MPs expressed outrage this week after the NRC newspaper reported that three senior members of the Amsterdam-based site’s US holding company received 28 million euros ($34 million) in bonuses last year.
“While we have not recovered fully, we have heard Dutch society, and have taken considerations seriously,” a Booking.com spokesman said in an emailed statement to AFP.
“As we are in a more stable position than when we applied for the NOW (Dutch COVID state aid) program in early 2020, and on a path toward recovery, we will pay back the subsidies received.”
Booking.com said it had been operating in a “very unpredictable environment” with an 80-percent decline in business at the start of the pandemic and a 165-million-euro loss in the first quarter of 2021.
The firm said last August that it would cut a quarter of its 17,500 staff worldwide as coronavirus paralysed global travel.
Dutch social affairs and employment minister Wouter Koolmees said Booking.com had “rightly and wisely… taken this step”.
The Dutch lower house of parliament called on Booking.com earlier this week to repay the aid but Koolmees told MPs there was no way to legally enforce the demand.
There were also calls on social media for a boycott of the company.
Founded in 1996, Booking.com has 28 million listings on its website which is available in 43 languages.
dk-jcp/wai
Virus sees Booking.com slash quarter of global staff
© 2021 AFP
Citation:
Booking.com to repay Dutch COVID aid in bonus row (2021, June 4)
retrieved 4 June 2021
from https://techxplore.com/news/2021-06-bookingcom-repay-dutch-covid-aid.html
This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no
part may be reproduced without the written permission. The content is provided for information purposes only.
If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites.
For forums sites go to Forum.BuradaBiliyorum.Com
If you want to read more Like this articles, you can visit our Science category.