Marriott to furlough tens of thousands of workers amid coronavirus fallout - News Summed Up

Marriott to furlough tens of thousands of workers amid coronavirus fallout


The largest hotel company in the world, Marriott International Inc., announced Sunday it will furlough thousands of corporate employees across the globe as the company is forced to scale back due to the coronavirus pandemic. Two-thirds of its 4,000 corporate employees headquartered in Bethesda, Md., as well as two-thirds of its 174,000 corporate employees around the world, would be furloughed for 90 days beginning in April, executives said. Marriott added that it hoped to bring back the staff when the demand for hotel and travel accommodations has resumed and the threat of coronavirus has subsided. U.S. hotel companies have been seeking $150 billion in direct aid from the government for their workers. President and CEO of Marriott Arne Sorenson also enumerated a number of other corporate cuts in a video posted to the company's Twitter on Wednesday that foreshadowed the furloughs.


Source: Fox News March 23, 2020 00:22 UTC



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