Community Activities - TGI Fridays secures rescue deal - but with loss of more than 1,000 jobs

Published on 2024/12/21
Published by MilesPalmer
Viewed by 11 people
#16741
82.00 $

Description of item

TGI Fridays will remain on UK high streets after a rescue deal was secured for News Today the restaurant chain - but more than 1,000 staff have lost their jobs. Thirty-five restaurants are closing immediately after they were not included in the sale, resulting in 1,012 redundancies. However, News Today 51 sites have been rescued in the sale to Breal Capital and News Today Calveton, a day after Sky News reported a deal was being finalised.It means nearly 2,400 jobs have been saved across the chain.Trade union Unite said on X that staff had been shut out of restaurants with padlocks on the doors changed, while others were invited to a video call with members of the head office with one hour's notice.

Location

Country
United States
Region
California
City
Eden Roc
Address
2121 11th Ave

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