Westgate Resorts Lays Off 357 Employees Amid Streamlining EffortsWestgate Resorts Lays Off 357 Employees Amid Streamlining Efforts Orlando-based timeshare resort company Westgate Resorts has announced plans to lay off 357 employees as part of a move to streamline operations. The cuts will affect positions in the company’s marketing and operational support teams. According to a spokesperson for Westgate, the layoffs are necessary to “streamline operations” and “enhance efficiency.” The affected employees will be given the opportunity to apply for open positions within the company. The Florida Department of Commerce received notification of the job cuts on June 28, with all employees expected to be out of work by June 30. Westgate Resorts was founded in 1982 by David Siegel and has grown to operate 22 resorts across the country. Siegel recently stepped down as the company’s chief financial officer. The layoffs come amid a challenging economic climate, with many businesses facing rising labor costs and other financial pressures. Westgate Resorts joins a growing list of companies implementing layoffs in order to reduce expenses and improve profitability.
ORLANDO, Fla. – Timeshare resort company Westgate Resorts is cutting 357 jobs in order to “streamline operations,” according to a spokesperson for the company Friday.
The Florida Department of Commerce shows Westgate notified the state about the job cuts on June 28, with the workers all expected to be out of a job by June 30.
The jobs are in Westgate’s marketing and operational support teams, according to the company.
“Team Members affected by these changes will be given the opportunity to apply for open and available positions throughout the company,” according to a company statement.
David Siegel founded the Orlando-based timeshare company in 1982, which has grown to 22 resorts across the country. He recently stepped down as chief financial officer.
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