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Marriott Starts to Lay off Corporate Employees – Image Credit Unsplash
Excerpt from Yahoo
Marriott International informed employees this week about a widespread restructuring that may result in hundreds of employees exiting the company, sources within the company told Skift.
The cuts are worldwide and affect “above-property” positions, which refer to people at the corporate level rather than those working in hotels.
Some staffers were offered early retirement in the third quarter. Other employees whose positions are being eliminated will be able to apply for other Marriott openings for internal candidates only, three sources said.
The company, based in Bethesda, Maryland, filed a WARN (Work Adjustment and Retraining Notifications) notice with the state about the layoffs, a source said. The state had yet to post the notice online. Skift will update this story when it does.
The hotel giant revealed on November 4 when reporting third-quarter results that there would be a large organizational overhaul.
A company spokesperson declined to say how many people were laid off or to answer questions about Skift’s reporting. But they did provide a statement:
“Earlier this year, we began a strategic review of all aspects of Marriott International’s business across geographies to enhance our enterprise-wide effectiveness and discussed this initiative on our Q3 earnings call,” the spokesperson said. “While always difficult, these job reductions at our corporate and continent offices will reshape the way we work and are expected to be largely in place in Q1 2025.”
In recent days, an online Reddit forum with Marriott employees has been rife with speculation about the cuts while a handful of employees took to TikTok to discuss the layoffs.
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