Hilton Cutting About 22% of Global Corporate Workforce

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Hilton Cutting About 22% of Global Corporate Workforce
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Hilton is cutting 2,100 corporate jobs globally, in what analysts said is one of the deepest cuts so far by a major lodging company in response to the pandemic

Hilton Worldwide Holdings Inc. said it is cutting nearly 22% of its corporate workforce globally, in what analysts said is one of the deepest job cuts so far by a major lodging company in response to the coronavirus pandemic.

The job reductions amount to 2,100 corporate employees, Hilton said Tuesday. The hospitality company said it is also extending its corporate pay cuts, reduced hours and furloughs for up to three more months.

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