BusinessPostCorner.com
No Result
View All Result
Thursday, June 12, 2025
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Premier Inn owner Whitbread to cut 1,500 jobs

April 30, 2024
in Business
Reading Time: 1 min read
A A
0
Premier Inn owner Whitbread to cut 1,500 jobs
ShareShareShareShareShare

Premier Inn owner Whitbread is to cut 1,500 jobs as it closes restaurants and expands its hotel business.

It plans to cut its number of branded restaurants by more than 200 in favour of building more hotel rooms.

The job cuts, which are subject to consultation, will come from a total UK workforce of 37,000 employees.

The group’s restaurant brands including Brewers Fayre and Beefeater.

It plans to sell 126 of its less profitable restaurants, with 21 sales already having been agreed.

It will also close 112 restaurants and convert the space into new hotel rooms.

Whitbread said the changes would add more than 3,500 hotel rooms across its estate.

Dominic Paul, Whitbread chief executive, said: “We recognise that our transition will impact some of our team members so we will be providing support throughout this process and we are committed to working hard to enable as many as possible of those affected to remain with us.”

The cuts come after Whitbread’s pre-tax profit rose 21% to £452m for the year to 29 February.

Credit: Source link

ShareTweetSendPinShare
Previous Post

HSBC CEO Noel Quinn steps down after driving Asia pivot for Europe’s largest bank

Next Post

Europe’s main economies grow faster than expected in first quarter

Next Post
Europe’s main economies grow faster than expected in first quarter

Europe’s main economies grow faster than expected in first quarter

Bitcoin Price Prediction: Can Strong Demand Push BTC Beyond 7K This Week?

Bitcoin Price Prediction: Can Strong Demand Push BTC Beyond $107K This Week?

June 7, 2025
Michael Saylor’s Strategy Scoops 1,045 BTC for 0M – Trove Tops B Near Record Highs

Michael Saylor’s Strategy Scoops 1,045 BTC for $110M – Trove Tops $40B Near Record Highs

June 9, 2025
Trump and Musk trade insults as row explodes in public view

Trump and Musk trade insults as row explodes in public view

June 5, 2025
Tariffs prompt record plunge in US imports, cutting trade deficit

Tariffs prompt record plunge in US imports, cutting trade deficit

June 5, 2025
Private equity firms overhaul exit strategies as IPO market slams shut

Private equity firms overhaul exit strategies as IPO market slams shut

June 7, 2025
Zappi’s CMO shares her secrets for building AI agents that nail brand voice, manage compliance, and more

Zappi’s CMO shares her secrets for building AI agents that nail brand voice, manage compliance, and more

June 9, 2025
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

Data on contingent talent is changing the game for HR leaders

Data on contingent talent is changing the game for HR leaders

June 12, 2025
Senators Warren and Blumenthal Go to War Against Meta’s New Stablecoin Scheme, Calling it a ‘Threat’

Senators Warren and Blumenthal Go to War Against Meta’s New Stablecoin Scheme, Calling it a ‘Threat’

June 12, 2025

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!