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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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Coverage Details
Total News Sources40
Leaning Left9Leaning Right3Center21Last UpdatedBias Distribution64% Center
Bias Distribution
- 64% of the sources are Center
64% Center
L 27%
C 64%
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