Hyatt Care Fund
Statement on Corporate Layoffs at Hyatt
Hyatt Hotels Corporation | May 12, 2020
Due to the historic drop in travel demand and the expected slow pace of recovery, Hyatt has made the extremely difficult decision to implement layoffs and restructure roles across its global corporate functions, beginning June 1, 2020. These actions will impact around 1,300 colleagues around the world. Since the start of the COVID-19 pandemic, Hyatt has taken numerous actions in an effort to meet the challenges our industry is facing including reductions of company-wide expenditures, extended salary reductions for the Senior Leadership Team and Board of Directors, and temporary work and/or pay reductions for all corporate colleagues. Unfor...
Hyatt Launches Hyatt Care Fund to Provide Financial Relief to Global Colleagues
April 14, 2020
CHICAGO (April 14, 2020) - The COVID-19 pandemic has impacted the hospitality industry around the world, leading to temporary leaves or significantly reduced work schedules for many members of the global Hyatt family. In a focused effort to help the colleagues who are most financially impacted by COVID-19, Hyatt has today announced the launch of the Hyatt Care Fund. The Hyatt Care Fund is a program designed to support colleagues with the most pressing financial needs due to COVID-19, through a series of coordinated efforts around the world. Impacted Hyatt colleagues in owned, managed and franchised hotels and in Hyatt’s corporate offices...
