Coronavirus Impact On Trump Organization: Mar-A-Lago Furloughs More Than 150 Workers Amid Outbreak
President Trump’s Mar-a-Lago resort in Palm Beach, Florida is furloughing 153 employees due to a decline in business amid the ongoing coronavirus outbreak.
The furloughed workers include bartenders, cooks, dishwashers, drivers, attendants, housekeepers, servers and valet attendants. None of the employees are unionized.
The Trump Organization has been financially impacted by the virus, with the hotel industry facing a lack of consumer demand.
The Trump International Hotel in Washington, D.C., is asking the federal government for delays on its six-figure monthly rent payments, the New York Times reported Tuesday. The Trump National Doral Miami Resort has also temporarily laid off 560 workers.
The Washington Post reported in early April that the Trump Organization has laid off or furloughed around 1,500 employees, with 17 Trump properties around the world having been closed due to the coronavirus.
The Trump Organization has held talks with Deutsche Bank to discuss deferrals on existing loans and payments. The business is not allowed to receive financial aid from the $2.2 trillion CARES Act economic stimulus package signed by Trump last month.
Trump handed over his business to his sons Donald Trump Jr. and Eric Trump when he assumed the presidency, but still owns the properties. Trump has frequently been accused of using the presidency for personal gain.
© Copyright IBTimes 2024. All rights reserved.