Sunday, March 22, 2020

Marriott to furlough thousands at Bethesda HQ

Marriott International Inc. (NASDAQ: MAR) is furloughing about two-thirds of its corporate employees at its Bethesda headquarters, the company confirmed Sunday morning to the Washington Business Journal. It’s the latest cutback for the hospitality giant as it contends with mounting losses created by the coronavirus pandemic. The company is also planning to furlough about two-thirds of its corporate payroll abroad. The cost-cutting measures were first reported by The Wall Street Journal. Marriott…



from https://www.bizjournals.com/baltimore/news/2020/03/22/marriott-plans-to-furlough-thousands-at-bethesda.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/613301540392943616

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