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Capital Business
Posted at 05:34 PM ET, 03/15/2013

Marriott to cut IT jobs in Bethesda

Marriott International, the Bethesda-based hospitality giant, said Friday that it is cutting IT jobs at its headquarters.

Formal notices have not been given, and the company would not say exactly how many of the 1,200 IT employees in Bethesda would be affected.

“Over the course of the year, we have held five different town hall meetings to let our IT associates know we would be moving to a leaner organization,”Jeff Flaherty, a spokesman for the company, said in a statement. “This week, at another town hall, we announced there would be reductions in Headquarters-based IT jobs.”

Flaherty would not say when the job cuts would take place.

With about 15,000 area employees, Marriott is one of the biggest employers in the Washington region.

In 2010, the company announced an effort to beef up its international presence, with new operating divisions in Europe, Asia and the Middle East.

“Since then, we have been reviewing the best way to deploy resources at our corporate headquarters and in the continents,” Flaherty said. “In the Information Resources area specifically, we will be contracting with companies whose core competency is IT services, which will create efficiencies for the company, our owners and franchisees.”

The company reported a 28 percent increase in profits during the fourth quarter of 2012. Earnings rose to $181 million, or 58 cents a share, from $141 million, or 42 cents a share, a year earlier. Revenue was up nearly 11 percent to $3.76 billion.

By  |  05:34 PM ET, 03/15/2013

 
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