Westgate Resorts and Wyndham Lay-offs
Economic Impact – Westgate Resorts and Wyndham Vacation Ownership, both Orlando-based vacation ownership companies have recently been caught in the nation’s credit crunch and have had to lay-off employees because of what they consider the “turbulent financial sector”.
Both Wyndham and Westgate employ thousands in the Orlando area. According to recent reports in the Orlando Sentinel newspaper, both companies are refocusing sales and marketing efforts on more credit-worthy consumers and will be decreasing timeshare developments in the fourth quarter.
Westgate Resorts is the seventh largest employer in central Florida with over 8,000 employees. Wyndham Vacation Ownership has about 3,000 employees in the Orlando area.
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Tags: Florida Timeshares, timeshare article, Timeshare News, timeshares, Westgate Resports, Wyndham
