Booking Holding Inc., the U.S.-based company that owns travel website Booking.com, wants to layoff one-quarter of its 17,000 workers as a result of business lost during the coronavirus pandemic, Dutch newspaper NRC Handelsblad reported on Tuesday.

The newspaper cited an internal video sent to staff by Chief Executive Glenn Fogel. The company could not immediately be reached for comment.

Travel organizations all over the world are feeling the consequences of the corona crisis. Booking.com also cannot escape the consequences and is now implementing mass layoffs. Worldwide, 17,000 people work for the originally Dutch company.

"Unfortunately, because of the corona crisis, like many other travel organizations, we have to take the very difficult step of reducing our worldwide workforce," the spokesperson told  Het Financieele Dagblad . According to the spokesperson, people are also fired in the Netherlands. In the coming weeks, it should become clear how many employees are affected per department and country.

Approximately 5,500 employees work in ten different locations in Amsterdam, almost a third of the total workforce. Booking.com is one of the largest employers in the capital. The staff was informed this morning about the mass dismissal by CEO Glenn Fogel.