Loews bought back $195 million in stock while laying off 2,000 employees from Orlando hotels

[Gringrinngghost]

Loews bought back $195 million in stock while laying off 2,000 employees from Orlando hotels

This summer, as Loews Corp. was laying off thousands of hotel workers at its Universal Orlando properties amid the COVID-19 pandemic, the company was spending nearly $200 million buying back its ow…

www.orlandosentinel.com

 

[seascape]

Loews bought back $195 million in stock while laying off 2,000 employees from Orlando hotels

This summer, as Loews Corp. was laying off thousands of hotel workers at its Universal Orlando properties amid the COVID-19 pandemic, the company was spending nearly $200 million buying back its ow…

www.orlandosentinel.com

That's nice. I hope everyone who stays at one of their hotels remember this is where your money goes and not to the employees.