TripAdvisor sees pre-tax restructuring charges of $35M-$40M

The company initiated a series of cost savings actions in support of its decision to integrate its experiences operating model across its Viator and Brand Tripadvisor (TRIP) segments. “As a result, the company expects to incur estimated pre-tax restructuring and other related reorganization costs of approximately $35M-$40M, primarily related to employee severance and related benefits. This amount is expected to be expensed primarily in the fourth quarter of 2025, with the remaining amount expensed during 2026. Additionally, the company expects to reorganize its operating segments during the fourth quarter of 2025. Following the company’s decision to integrate its Viator and Brand Tripadvisor experiences operating model, we anticipate our operating segments will be reorganized into the following: (1) Experiences, (2) Hotels & Other; and (3) TheFork. We do not expect TheFork segment to be impacted by this re-segmentation.”