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Marriott Plans To Lay Off Over 800 Corporate Employees Marriott Plans To Lay Off Over 800 Corporate Employees
Marriott Plans To Lay Off Over 800 Corporate Employees Global hotel chain Marriott International is planning to lay off hundreds of employees by the start of the new year. According to a Maryland Work Adjustment and Retraining Notification (WARN) filing, the company, based in Bethesda, listed 833 people slated to lose their jobs by Wednesday, Jan. 3. Despite the development, Chief Executive Officer Anthony Capuano said business is solid. "Our business momentum is excellent, and as a company that embraces change, we continue to evolve our business to support our global growth," Capuano said in a third-quarter earnings call late last month,…

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by Joe Lombardi
News
Nationwide Hotel Chain's Corporate Credit Chief From NJ Admits Embezzling $300,000 Nationwide Hotel Chain's Corporate Credit Chief From NJ Admits Embezzling $300,000
Nationwide Hotel Chain's Corporate Credit Chief From NJ Admits Embezzling $300,000 A New Jersey employee who ran the company’s corporate credit card program for a nationwide hotel chain admitted embezzling $300,000, federal authorities said. Marco Alvarez, 46, of Bloomfield, admitted that he “knowingly opened and used corporate credit cards to make $317,582 in unauthorized personal purchases” from April 2014 through January 2020, U.S. Attorney Philip R. Sellinger said. Alvarez, who worked as a senior analyst for strategic sourcing, tried to hide the thefts by “transferring credits owed to the hotel to these credit cards to offset the unauthorized charges made,” Sellinger …

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by Jerry DeMarco