Thread regarding Sabre Holdings layoffs

Sabre is getting ready for an IPO next year, that's why the mass layoffs. They ramped up hiring for the past 2 years, the parking situation at HDQ or lack of parking spaces is enough evidence to see how much hiring has occurred over past 2 years. Now they are trimming the fat to be in a good financial position for an IPO. The industry and financial markets are doing amazingly well and the investors want to take advantage of that. Can't fault them for wanting to cash out with an IPO, but at the cost of mass layoffs and practically shutting down Travelocity. I'm surprised there isn't more coverage of the layoffs on travel media sites.