We collect cookies to analyze our website traffic and performance; we never collect any personal data.Cookies Policy
Accept
Michigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
Reading: TGI Fridays secures rescue deal – however with lack of greater than 1,000 jobs
Share
Font ResizerAa
Michigan PostMichigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
© 2024 | The Michigan Post | All Rights Reserved.
Michigan Post > Blog > Business > TGI Fridays secures rescue deal – however with lack of greater than 1,000 jobs
Business

TGI Fridays secures rescue deal – however with lack of greater than 1,000 jobs

By Editorial Board Published October 7, 2024 2 Min Read
Share
TGI Fridays secures rescue deal – however with lack of greater than 1,000 jobs

TGI Fridays will stay on UK excessive streets after a rescue deal was secured for the restaurant chain – however greater than 1,000 employees have misplaced their jobs. 

Thirty-five eating places are closing instantly after they weren’t included within the sale, leading to 1,012 redundancies.

It means almost 2,400 jobs have been saved throughout the chain.

Commerce union Unite stated on X that employees had been shut out of eating places with padlocks on the doorways modified, whereas others have been invited to a video name with members of the top workplace with one hour’s discover.

Different staff stated that they had not been informed whether or not or not they are going to be paid, in keeping with the commerce union.

TFI Fridays’ mum or dad firm Hostmore stated it was submitting for administration final month attributable to debt issues.

The eating places being saved are:

BluewaterTrafford CentreMeadowhallAberdeen Union SquareMetrocentreBasildonGlasgow FortMilton Keynes StadiumBraeheadWembleyBirmingham NECGlasgowJunction 27CastlefordLakeside QuayTeessideBoltonNorwichSt DavidsDoncasterLakesideFarehamLiverpool OneStevenageWhite RoseCribbs CausewayRushden LakesStoke-on-TrentSouthamptonSilverburnWatford CentralAberdeen BeachBraintreeBournemouthStratfordHigh WycombeCheshire OaksWalsallMilton KeynesSheffieldNottinghamEdinburghCoventryAshton-Underneath-LyneTelfordThe O2StainesCrawleyReadingCheadleLeicester Sq..

“We are devastated for our colleagues who will be leaving TGIs and thank them for their loyalty and contribution during their time with us.

“We’re doing all the pieces attainable to retain our group and help these impacted.”

New personal fairness house owners Breal and Calveton collectively personal upmarket restaurant chain D&D London, and between them have had investments in Byron Burger and wine bar chain Vinoteca.

TAGGED:dealFridaysjobsLossrescuesecuresTGI
Share This Article
Facebook Twitter Email Copy Link Print

HOT NEWS

Musk Vs Trump (2) | Economics

Musk Vs Trump (2) | Economics

Economics
June 7, 2025
Diplomatic win for UK internet hosting US-China commerce talks

Diplomatic win for UK internet hosting US-China commerce talks

They went surprisingly nicely. US treasury secretary Scott Bessent and his Chinese language counterpart He…

June 7, 2025
Blood take a look at for Alzheimer’s illness is very correct, researchers say

Blood take a look at for Alzheimer’s illness is very correct, researchers say

Researchers say a brand new blood take a look at for Alzheimer's illness has been…

June 7, 2025
Vitality firms doing extra with underground work

Vitality firms doing extra with underground work

LANSING, Mich. (WLNS) - Michigan power firms are weighing the professionals and cons of overhead…

June 7, 2025
Greater than 40 ‘narco-boat’ drug smugglers arrested in main police sting

Greater than 40 ‘narco-boat’ drug smugglers arrested in main police sting

Greater than 40 individuals have been arrested after a significant medication raid busted a "narco-boats"…

June 7, 2025

YOU MAY ALSO LIKE

Dodgers shut out by Sonny Grey and Cardinals for his or her fourth loss in six video games

ST. LOUIS — With a lot of the Dodgers’ pitching employees spending extra time within the coach’s room than on the sector…

Sports
June 7, 2025

EuroMillions: Single ticket-holder might win UK’s greatest lottery prize tonight

A single ticket-holder might win the most important lottery prize the UK has ever seen in the event that they…

Business
June 6, 2025

Commerce conflict: US hiring slows however employment resilient

The US economic system noticed a slowdown in hiring however no leap in unemployment final month because the impression of…

Business
June 6, 2025

Directors lined up for UK arm of Microsoft-backed Builder.ai

Directors are on standby to deal with the collapse of the UK arm of Builder.ai, a Microsoft-backed start-up which has…

Business
June 6, 2025

Welcome to Michigan Post, an esteemed publication of the Enspirers News Group. As a beacon of excellence in journalism, Michigan Post is committed to delivering unfiltered and comprehensive news coverage on World News, Politics, Business, Tech, and beyond.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 | The Michigan Post | All Rights Reserved

Welcome Back!

Sign in to your account

Lost your password?