Thursday 19 March 2020

“I am worried we are cutting so deeply”: Marriott CEO

Marriott moved quickly earlier this week to furlough tens of thousands of workers as the coronavirus pandemic cripples the hotel industry. Now, the company’s chief executive is concerned the move may hurt the hotel chain when the time comes to ramp back up. “I am worried we are cutting so deeply that the rebuilding process will be more challenging than we anticipated and maybe, to some extent, that we might regret having moved as aggressively



source https://therealdeal.com/2020/03/19/i-am-worried-we-are-cutting-so-deeply-marriott-ceo/

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