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Hyatt Hotels Lays Off 1,300 Employees

Hyatt Hotels Corp. will lay off 1,300 of its corporate employees worldwide starting next month. Roughly a third (350) of the staff at its Chicago headquarters will be cut, a Hyatt spokesperson tells the Chicago Tribune. The American Hotel & Lodging Association last month reported that 70% of hotel employees have been laid off or furloughed as anemic occupancy rates across the country left eight out of every 10 hotel rooms empty.

Read the whole story at Chicago Tribune »

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