Hilton to axe 100 Watford jobs (From Watford Observer)

Hilton to axe 100 Watford jobs

4:40pm Tuesday 30th June 2009 in

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The hotel giant Hilton has announced it has made about 100 full-time staff redundant at its international headquarters in Watford.

The international hotel company, which has head offices in Reeds Crescent, has also announced an undisclosed number of contract staff will also lose their jobs.

The job cuts were forecast earlier this year after the company said more than 1,000 job losses were planned worldwide.

The company has more than 3,000 hotels across the world.

A spokesman from Hilton, which was bought out by Blackstone for $26 billion in 2007, denied the swingeing cuts were cost-cutting measures.

A statement read: “We have been going through a corporate transitional exercise and we are making about 100 redundancies in the Watford offices, across the board.

“We’ve been moving from a regional structure to a more functional-led structure since the Blackstone take-over, in order to make us a more efficient company.

“Yes it’s come at a difficult time, but it would have happened anyway – it’s not about cost cutting.

“We’ve been through a 90-day consultation period, which concluded on June 23 and it comes as part of a broader restructure which is designed at ensuring we are a more functionally driven, efficient, streamlined global organisation which will hopefully put us in a stronger position.”