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Thread: Hyatt corporate layoffs & restructuring
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Old May 12, 2020 | 9:26 am
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hotelmotel
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Originally Posted by MSPeconomist
1300 people worldwide out of 55,000 employees doesn't sound as bad as I would have expected, although apparently there have already been pay cuts.

I hope the Glob concierges are retained, unlike what Marriott did to the Ambassador program. Most of them (at least in the USA) work from home and many are part time, so it might be possible to cut hours if there's less demand for their services.
55,000 includes hotel-level employees, certainly for company-managed hotels, and some companies even include franchise employees in that number. Hyatt has nowhere near 55K corporate-level employees. If I had to guess, they have at most 3-4K. So 1,300 is a massive cut into the above-property workforce.
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