The online travel company cut 250 employees as part of a restructuring plan that puts greater focus on its travel platform, which includes the Hopper app and B2B partner channels, and expanding hotel partnerships, spokesperson Ellie Breslin told The Logic in a statement. The layoffs were first reported by The Globe and Mail. (The Globe and Mail, The Logic)

Talking point: Hopper’s CEO Fred Lalonde told The Globe and Mail the cuts mainly affected workers who were developing “experimental” products and services that haven’t been launched yet. He added that the staff reductions weren’t a response to potential travel market slowdowns, but to lower its burn rate and achieve profitability as Hopper seeks to go public in the next couple of years. Some of Hopper’s recent partnerships include a deal with Air Canada to offer cancellation insurance and a partnership with Brazil-based Nubank to offer travel booking on its shopping platform.