Monday, December 29, 2008
Dallas-based Ashford Hospitality announces layoffs
Photo not provided by Ashford Hospitality
DALLAS — According to this story in the Dallas Business Journal, it appears Ashford Hospitality Trust is announcing layoffs in the near future. While the company has not released any precise numbers on how many positions will be eliminated or when, the company admits that the current state of the economy is pushing drastic measures.
The Dallas-based REIT said that the cost-cutting measures would include job cuts, salary freezes and benefit reductions.
Posted by Todd M.
