Barry Diller told Expedia employees that it's not hunting for a replacement for its ousted CEO, and some insiders are worried the $16 billion company is heading for a sale

Mike Blake/ReutersBarry Diller, Chairman and Senior Executive of IAC/InterActiveCorp and Expedia, Inc., smiles at the Wall Street Journal Digital Conference in Laguna Beach, California, U.S., October 17, 2017.Expedia Chairman Barry Diller told employees last month at an all-hands meeting that the company is not searching for a new CEO.It's not immediately clear if this means that the company has already made a decision as to its leadership structure.The role has been vacant since Mark Okerstrom resigned as CEO last month over a "disagreement" with the board. Okerstrom himself was the replacement for Dara Khosrowshahi, who famously left Expedia in 2017 to lead Uber. The company is said to be looking at ways to cut costs, which includes a hiring freeze for most teams, and some employees are

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