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Premier Inn owner Whitbread extends restaurant overhaul to all sites, plans 3,800 job cuts
The hospitality group will replace 197 restaurants with a more efficient model and expects employee consultation to keep many affected staff in new roles.
- Whitbread announced plans to cut around 3,800 jobs in the UK and Ireland as part of a new five-year strategy to reduce costs and overhaul its restaurants.
- Chief executive Dominic Paul cited significant cost increases from business rates and national insurance, saying the company must "maximise value creation" amid market pressures.
- The overhaul includes replacing 197 restaurants with an integrated food and drink model and cutting capital spending by more than £1 billion.
- Whitbread said the cuts affecting its 30,000-strong workforce are subject to employee consultation, with management expecting to retain a significant proportion through redeployment.
- Despite the restructuring, Premier Inn, the UK's largest hotel brand with over 800 locations, plans to increase room capacity to 96,000 by 2031.
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Premier Inn owner Whitbread to cut 3,800 jobs in UK and Ireland
The plans to cut jobs is part of a new five-year strategy
·Liverpool, United Kingdom
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Total News Sources25
Leaning Left6Leaning Right3Center10Last UpdatedBias Distribution53% Center
Bias Distribution
- 53% of the sources are Center
53% Center
L 31%
C 53%
R 16%
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