Marriott Vacations Worldwide layoffs, on the record

Job cuts, severance and restructuring

1. Our summaryThe company reports restructuring expense in its consolidated results, including a line item for restructuring within total expenses.

   Word for word“Restructuring 10 6 — Royalty fee 114 117 114 Impairment 30 32 2 Cost reimbursements 1,689 1,561 1,367 TOTAL EXPENSES 4,477 4,191 3,872 (Losses) gains and other (expense) income, net (1) 47 40 Interest expense, net (162) (145) (118) Transaction and integration costs (18) (37) (125) Other (3) (3) 1 INCOME BEFORE INCOME TAXES AND NONCONTROLLING INTERESTS 306 398 582 Provision for income taxes (89) (146) (191) NET INCOME 217 252 391 Net loss attributable to noncontrolling interests 1 2 — NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS $ 218 $ 254 $ 391 47 Operating Statistics Fiscal Years 2024 vs. 2023 (Contract sales $ in millions) 2024 2023 2022 Change Vacation Ownership Total contract sales $ 1,829 $ 1,800 $ 1,874 $ 29 2% Consolidated contract sales $ 1,813 $ 1,772 $ 1,837 $ 41 2% Joint venture contract sales $ 16 $ 28 $ 37 $ (12) (43%) VPG $ 3,911 $ 4,088 $ 4,421 $ (177) (4%) Tours 432,716 405,825 390,593 26,891 7% Exchange & Third-Party Management Total active members at end of year (000's) 1,546 1,564 1,566 (18) (1%) Average revenue per member $ 154.34 $ 156.65 $ 179.48 $ (2.31) (1%) Revenues Fiscal Years 2024 vs. 2023 ($ in millions) 2024 2023 2022 Change Vacation Ownership $ 4,730 $ 4,468 $ 4,342 $ 262 6% Exchange & Third-Party Management 231 262 291 (31) (12%) Total Segment Revenues 4,961 4,730 4,633 231 5% Consolidated Property Owners’ Associations 6 (3) 23 9 NM Total Revenues $ 4,967 $ 4,727 $ 4,656 $ 240 5% Earnings” 10-K for 2024

2. Our summaryThe filing describes transaction and integration costs that include charges for employee retention, severance and other termination-related benefits tied to the ILG and Welk integrations.

   Word for word“Transaction and integration costs primarily include fees paid to change-management consultants, technology-related costs associated with the integrations of ILG and Welk and charges for employee retention, severance and other termination-related benefits.” 10-K for 2024

3. Our summaryThe company cut headcount in its Asia Pacific region as part of actions to focus on its most profitable markets, recording Restructuring expense in the Vacation Ownership segment.

   Word for word“Collectively, these actions are designed to concentrate our efforts on markets with the greatest potential to drive profitability and cash flow and resulted in Restructuring expense in our Vacation Ownership segment.” 10-K for 2025

4. Our summaryThe company reported restructuring expense of $15 million in 2025, compared with $6 million in 2024. Cost: Restructuring (1) 15 6 6

   Word for word“Restructuring (1) 15 6 6 Impairment 577 30 32 Cost reimbursements 1,698 1,689 1,561 TOTAL EXPENSES 5,209 4,477 4,191 Gains (losses) and other income (expense), net 47 (1) 47 Interest expense, net (169) (162) (145) Transaction and integration costs — (18) (37) Other — (3) (3) (LOSS) INCOME BEFORE INCOME TAXES AND NONCONTROLLING INTERESTS (299) 306 398 Provision for income taxes (8) (89) (146) NET (LOSS) INCOME (307) 217 252 Net (income) loss attributable to noncontrolling interests (1) 1 2 NET (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (308) $ 218 $ 254 (1) Prior year amounts have been reclassified to conform with our current year presentation.” 10-K for 2025

Marriott Vacations Worldwide filed 1 restructuring notice (Form 8-K, Item 2.05) since 2016. This page shows what the company reported to the SEC, not news reports or state layoff notices.

Read from Marriott Vacations Worldwide’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-03-02. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.