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COVID-19 Hits Operations: Marriott Lays Off 3,300 People Worldwide


( New York, 15th Sept 2020 ) Marriott Vacations Worldwide announced that it will cut 3,300 service staff due to the impact of the COVID-19 pandemic.


According to the "Economic Daily", the company's president and chief executive Steve Weitz said that before the beginning of next month, the service staff will be notified of job arrangements. Some people will reduce their working hours, some will return to work, and some will continue to have no time. Pay leave, the rest are among the layoffs.


"We expect that most of the abolitions will take effect in mid-November, and some may be later."


Franchise High-End Resorts


Marriott Global Resorts pointed out that the layoff plan will incur US$25-30 million (about 104 million to 124 million ringgits) of expenses, mainly for severance and welfare costs. Most of the expenses will be raised during the rest of the fiscal year. Column.


Marriott Global Resorts was originally a member of Marriott International, and then separated independently and became a listed company, specializing in the management of timeshare property rights and members of high-end resorts and resort hotels.


**Info & Image are taken online


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