BETHESDA, Maryland — According to a report from The Associated Press, Marriott International plans to lay off 17% of its corporate workforce in October as the COVID-19 pandemic continues to plague the hotel industry.
In total, Marriott has confirmed that it will lay off a total of 673 workers next month at its corporate headquarters in Maryland. The company furloughed two-thirds of its corporate workers in March when the pandemic first hit North America and hotel demand went south.
Marriott has said that its revenue has plunged 72% from April to June globally, and that it doesn’t know when demand will return to 2019 levels.
Dee-Ann Durbin, The Associated Press