Hilton cuts 2,100 corporate Job as travel declines worldwide

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Hotel chain Hilton Worldwide Holdings Inc (HLT.N) will cut about 22% of its corporate workforce, or 2,100 jobs, following the COVID-19 outbreak that has ravaged the global travel industry.

Hilton’s announcement comes as the hotel industry has been among the worst hit by the pandemic, due to staying at home order government.

Rivals Marriott International and Hyatt Hotels have also laid off or furloughed thousands of employees as hotel bookings decline.

Hilton said it is also extending previously announced furloughs, reduced hours, and corporate pay cuts for up to an additional three months.

“Never in Hilton’s 101-year history has our industry faced a global crisis that brings travel to a virtual standstill,” Hilton chief executive Christopher Nassetta said in a statement.

“Hospitality will always be a business of people serving people, which is why I am devastated that to protect our business, we have been forced to take actions that directly impact our team members.”

Hilton’s corporate staff numbered 9,600 workers globally, while total employees were 173,000 at the end of 2019.

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