Premier Inn Owner to Cut 3,800 Jobs, Close Restaurants
Whitbread, the owner of Premier Inn hotels, has announced plans to cut 3,800 jobs as part of a new savings initiative. The company will also close its remaining Beefeater and Brewers Fayre restaurants.
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Premier Inn owner to cut 3,800 jobs in savings plan
Whitbread says it will also remodel its 197 hotel restaurants as part of a five-year savings plan.
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Whitbread to call time on restaurants in UK and Ireland blaming higher costs and taxes for latest strategic reset Premier Inn owner Whitbread is to cut about 3,800 jobs in the UK and Ireland and shut its remaining Beefeater and Brewers Fayre restaurants as it resets its five-year business strategy, amid tax rises and pressure from a US activist investor. The cuts will affect about 12% of Whitbread’s 30,000-strong workforce in the UK and Ireland working in its Beefeater and Brewers Fayre resta...
By Joanna Partridge
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