2022---painful-reorganization-at-accorinvest
: In the first half of 2022, the group returned to positive earnings (EBITDA).
The reorganization of AccorInvest throughout 2021 and 2022 was characterized by aggressive financial restructuring and a massive reduction in workforce to combat the devastating impact of the global health crisis. While the group began to see a rebound in 2022, the transformation was widely considered "painful" due to significant job losses and a forced shift in its business model. The Reorganization Drive 2022---painful-reorganization-at-AccorInvest
By mid-2022, AccorInvest began emerging from what CEO Gilles Clavié described as "two years of purgatory". : In the first half of 2022, the