Marriott Begins Furloughing Tens of Thousands of Employees - News Summed Up

Marriott Begins Furloughing Tens of Thousands of Employees


Marriott International Inc., the world’s largest hotel company with nearly 1.4 million rooms world-wide, said it is starting to furlough what it expects will be tens of thousands of employees as it ramps up hotel closings across the globe. The company began shutting down some of its managed properties last week, a Marriott spokeswoman said. The employees at these properties won’t be paid while on furlough but the bulk will continue to receive health-care benefits that are ultimately paid by the hotel owner, she added, which...


Source: Wall Street Journal March 17, 2020 15:40 UTC



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