The Trump Organization has been forced to layoff around 1,500 employees as it struggles to deal with COVID-19-related closures of its properties around the United States.
Like other groups in the hotels and hospitality field facing state-mandated shutdowns, the Trump Organization has responded by cost-cutting, trimming staff from hotels and clubs in New York, Washington D.C., Chicago, Las Vegas, Miami, Vancouver and Honolulu, the Washington Post reported, citing public filings.
The president’s company is already behind on more than $50,000 in rent for its Trump International Golf Club West Palm Beach, and the economic toll has led company officials to inquire about securing federal assistance, the paper reported.
During a press conference last week, President Trump pointedly refused to rule out the possibility that his company may also seek federal dollars to help defer costs.
“I don’t know,” Trump said last Saturday at his daily coronavirus briefing. “I just don’t know what the government assistance would be for what I have. I have hotels. Everybody knew I had hotels when I got elected. They knew I was a successful person when I got elected, so it’s one of those things.”
