STAMFORD, CT—Marriott International is reportedly planning to lay off approximately 163 employees here, between Dec. 31 and Jan. 13, according to a listing of “warn notices” from the state’s Department of Labor.
The layoffs are not much of a surprise as the brand recently acquired Starwood Hotels & Resorts Worldwide, Inc. for $13 billion, creating the world’s largest hotel company. And now, the brand is setting its post-merger plans in motion, which will include layoffs as part of a reduction of redundancies at Starwood’s former headquarters here, a search for a new corporate facility in downtown Bethesda, MD, as well as the addition of three Starwood board members to Marriott’s Board of Directors.
Marriott released this statement to a local NBC news affiliate:
“The Marriott/Starwood integration is in full swing, and with that comes the creation of new positions along with the elimination of some redundancies. The majority of impacted associates were made aware of the status of their positions some time ago. When we announced the merger in November 2015, we said that there would be some duplication of functions—mostly at the corporate level. While we don’t have an exact number of jobs that will be impacted in Stamford at this time, we will know more about staffing decisions as we continue the integration process. We anticipate having a presence in Stamford for the foreseeable future; we will begin to explore longer-term options and needs now that we have completed the acquisition. We also anticipate that many associates will find new opportunities within the combined company and we will be working closely with them through this process.”