Airbnb is reportedly close to filing to go public, marking a surprise turnaround for the company that recently cut a quarter of its workforce during the pandemic. The Wall Street Journal reports that the home-sharing company is planning to file IPO paperwork with the Securities and Exchange Commission later this month and could be publicly listed by the end of the year. Airbnb didn't immediately respond to CNN Business' request for comment. Morgan Stanley and Goldman Sachs are backing the offering, the Journal said. It also cautioned there's "no guarantee" that Airbnb will follow that timeline because of choppy market conditions. A filing this year isn't a total surprise because the company was aiming for a 2020 public debut, according to previous multiple reports. However, the downturn in travel sparked by the global coronavirus pandemic possibly derailed those plans. Business has rebounded from the spring's nadir — Airbnb recorded a surge in bookings around Memorial Day.