Despite a housing landscape that increasingly disfavors co-living arrangements, co-living startup Common is forging onward with a $50M Series D funding round
The venture capital-backed startup, which sought emergency funding before taking steps to shut down, has been unsuccessful in attracting a potential buyer
The layoffs come as the pandemic has largely stopped global travel and after Airbnb previously undertook cost-cutting measures
The boutique hotel has fired a majority of its 100-person staff and plans to close 400 units in 10 locations
The new hires have backgrounds at big-name tech companies and suggest the vacation rental startup is in it to win it
The company operates individually owned franchises in more than 60 markets across the U.S.