Hyatt’s decision to implement layoffs and restructure roles across its global corporate functions does not affect the hotel chain’s Baha Mar property executives have confirmed.
In a statement regarding its corporate workforce on Monday, the hotel chain said that due to “the historic drop in travel demand and the expected slow pace of recovery”, it has made the “extremely difficult decision to implement layoffs and restructure roles across its global corporate functions”, beginning June 1, 2020. Around 1,300 employees around the world will be impacted.
Ulrich Samietz, General Manager, Grand Hyatt Baha Mar told Eyewitness News that the announcement does not affect Grand Hyatt Baha Mar colleagues.
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