article thumbnail

Expedia Layoffs To Affect 9% Of Workforce In a Bid To Refocus Resources

HR Digest

Their full-year GAAP (Generally Accepted Accounting Principles) saw a 127 percent growth compared to 2022, one of their highest growth numbers to date. billion USD, marking a 10 percent year-over-year growth. The Expedia cash expenditures and total pre-tax charges are expected to range between $80 million USD to $100 million USD.

Resources 105
article thumbnail

A Blueprint for Digital Companies’ Financial Reporting

Harvard Business Review

A firm, therefore, must provide separate, detailed section on the progress of each of its future-oriented project, how it relates to the firm’s current operation, the aggregate resources committed to that project, and the likely launch dates of the project. The current rules mandate no disclosures on future-oriented projects.

Report 8
article thumbnail

Calculating the Market Value of Leadership

Harvard Business Review

GAAP and FASB standards require financial reporting of earnings, cash flow, and profitability – all measures that investors have traditionally examined. People manager: To what extent do leaders build competence, commitment, and contribution of their people today and tomorrow?