Denver-based Evolve is letting go of another 175 workers just four months after it dismissed 164 workers in response to a big drop-off in the vacation home rental market.
The company, which describes itself as the “fastest-growing vacation rental hospitality company in North America,” manages properties on behalf of 30,000 owners and has hosted 10 million guests, according to its website.
“The hard truth is that while we have a talented, hard-working and passionate team, and the vast majority of our work has a positive impact on our business, not all of our resources are being allocated to the very few things that will most clearly and powerfully move the needle on value creation and elevate the experiences of our Owners, Guests and Evolvers,” he wrote.
“This action is expected to be permanent. The employee separations are expected to occur on December 4, 2023,” wrote Pam Jefferson in a Worker Adjustment and Retraining Notification Act or WARN letter., Pfizer said it employs nearly 300 people at a 150,000-square-foot facility with specialized labs and equipment located on 4.5 acres in Boulder.
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