Marriott suspends, reduces top executive salaries due to coronavirus - Business Insider

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.

Arne Sorenson, President and CEO of Marriott International, speaks during a meeting with President Donald Trump and travel industry executives to discuss an economic response to the coronavirus outbreak in the Cabinet Room of the White House on March 17, 2020 in Washington, DC.

Is this true?

ChrisVanHollen Arne Sorenson forgoing his salary. I just wanted to cry for him. Last year the great CEO of Marriott spent $2.3 billion to buy back stock at $133/share. Last week the stock 46. Wasted billions and we pay for it. He should be fired. Jail would be better.

👍

Shame they don't pay there staff

My friend just got laid off from Marriott.

He forgot to add that Marriott is making their employees to take an obligatory temporary leave for months without salary

He made over $12 million in 2018. He'll probably be OK. How about letting his employees cash out their sick days? Marriott MarriottIntl MarriottBonvoy UniteHereLocal2

THIS IS LEADERSHIP!!!!

Pero no está cumpliendo con permitir cancelar o modificar las reservaciones de hotel como lo anunció en un mail. Ciamdo uno llamma al centro de atención de marriot dicen que ellos no pueden pero que se levanta un caso, y en el hotel directamente no lo permiten tampoco. Es graude

LloydHDean commonspirit DignityHealth seiu_uhw You should follow Marriot's leaderships model. Take care of your employees

Actions speak louder than words. 👏👏👏

Wow - exec staff taking 50% of a $800k salary? Get off the high horse. Not a single exec is going to worry about paying for rent, or any other bill. How quickly Marriott decided to throw the heaviest burden “furlough” on to their associates. How about every exec takes $0.00

BugConOfficial The power of Bugmane even reaches into the heart of a Fortune 500 company 🙏🏼, incredible.

Arne is a honest and very caring human. Get well soon.

Woooow. Very good.

The complete US is in the grip of the coronavirus and you should be ready for the future crisis to availing them food and other basic needs at home. This needs harder work by the stronger staff...

If only I made 10% of what he does life would be wonderful!!!

He still will make millions.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Coronavirus pushes hotel industry to ask Trump for $150 billion in aidStaggered by the coronavirus outbreak, the lodging industry requested $150 billion in aid from the Trump administration today — as Marriott announced plans to furlough tens of thousands of workers. Why? How about helping with basic needs rent/ mortgage car payments bills.... more money to the rich sure Trump already gave all the money we have to these people!!! It’s OUR TURN! The American workers got squat from the GOPTaxScam while the corporations and the 1% made bank. Trump meeting with his fellow hotel buddies while waffling on helping US is totally in brand. TrumpTheLeech You mean the very industry donald is in business in. The very same businesses he funnels tens of millions of dollars to every month? Oh ok.. sure AmericaFirst CoronavirusPandemic
Fonte: latimes - 🏆 11. / 82 Consulte Mais informação »

Mattress Firm furloughs employees and suspends PTO amid coronavirus - Business InsiderLeaked memo reveals that Mattress Firm will be putting some staff on furlough and suspending PTO, severance, and 401(k) match as the coronavirus crisis hits retailers
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »

The 24 Hours of Le Mans postponed to November due to coronavirus - Business InsiderWith just two interruptions in the 1930s and 1940s, the race has been run since 1923. It was featured in 'Ford vs. Ferrari,' about the 1966 contest.
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »

Hotel industry could lose 4 million jobs due to the coronavirus - Business InsiderAccording to an Oxford Economics study, a drastic and unprecedented decline in hotel guest occupancy rates could cripple the hospitality industry. AzamJamil53
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »

$150 billion HR software market could shrink due to coronavirus crisis - Business InsiderA Wall Street analyst says the $150 billion HR software market could face slower growth or 'outright shrinkage' as the coronavirus crisis leads to more unemployment
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »