Archive for the 'Reno News 4' Category

Wyndham Plans for Lay Offs – Changes happening in the Timeshare Industry

Thursday, January 15th, 2009

Monday, December 22, 2008

Wyndham Timeshare Will Lay Off 75 Percent of Reno, NV Staff

Author: Jason Tremblay

Wyndham Worldwide says they will lay off 75 percent of their employees at their Reno, Nevada locations, accounting for approximately 75 of 100 positions. The majority of the reductions will be among their timeshare sales and timeshare marketing team.

Wyndham spokesperson Lisa Burby, told Reno News 4 that the layoffs were part of the company’s organization changes, as Wyndham seeks ways to “re-invent the way they do business by taking a pro-active approach to ensure long-term stability.”

Wyndham timeshare owns WorldMark the Club, which operates six timeshare resorts in the state of Nevada, one in Reno, and two in Lake Tahoe.

Nationwide, Wyndham timeshare is reportedly laying off approximately 4000 workers during the upcoming weeks. In reporting this, The Timeshare Authority is adding more bad news to a growing list of recent timeshare blog posts about cutbacks in the timeshare development and timeshare sales industry.

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