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Chain Restaurant Closing 16 UK Branches as It Calls in Administrators
TGI Fridays UK closed 16 restaurants causing 456 job losses while preserving 33 locations and 1,384 jobs through a pre-pack administration sale.
- TGI Fridays has shut 16 restaurants with the loss of 456 jobs after tumbling into administration.
- Administrators confirmed the pre-pack administration deal would safeguard 33 restaurants and transfer 1,384 workers to the new vehicle.
- The company confirmed the move resulted in 456 redundancies for staff across the restaurants.
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36 Articles
36 Articles
Reposted by
Braintree & Witham Times
Essex restaurants shut as American chain enters administration
TGI Fridays abruptly shut 16 venues as the restructuring is aiming to save 33 branches, according to latest reports.
·Essex, United Kingdom
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Total News Sources36
Leaning Left9Leaning Right3Center20Last UpdatedBias Distribution63% Center
Bias Distribution
- 63% of the sources are Center
63% Center
L 28%
C 63%
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