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

Rams present flashes of their Tremendous Bowl potential in victory over struggling Saints

Rams present flashes of their Tremendous Bowl potential in victory over struggling Saints

Sports
November 3, 2025
Generative AI is freaking out Australian tech execs, who say they’re not able to take care of its dangers

Generative AI is freaking out Australian tech execs, who say they’re not able to take care of its dangers

Australian know-how leaders are shedding sleep over growing regulatory complexity, rising harm from ransomware, and…

November 3, 2025
Chargers defeat Titans, however Joe Alt’s ankle damage casts shadow over victory

Chargers defeat Titans, however Joe Alt’s ankle damage casts shadow over victory

NASHVILLE — The Chargers gained the battle however misplaced the warrior.They held off the Tennessee Titans 27-20,…

November 2, 2025
Nigeria responds to Donald Trump’s menace of navy motion on account of ‘slaughter’ of Christians

Nigeria responds to Donald Trump’s menace of navy motion on account of ‘slaughter’ of Christians

Nigeria has responded to Donald Trump's menace of navy motion by suggesting it will welcome…

November 2, 2025
Two Louvre jewelry heist suspects ‘convicted over theft in 2015’

Two Louvre jewelry heist suspects ‘convicted over theft in 2015’

Two of the suspects within the Louvre jewelry heist had been convicted of involvement in…

November 2, 2025

YOU MAY ALSO LIKE

Is your purchase now, pay later behavior denting your mortgage probabilities?

Debtors with a "perfect credit score" and a "few" purchase now, pay later transactions have been declined mortgages, brokers have…

Business
November 2, 2025

Murdoch-backed Courageous Bison in £50m bid for M&C Saatchi division

A deal-hungry London-listed advertising and marketing group backed by Rupert Murdoch and Lord Ashcroft, the previous Tory treasurer, has made…

Business
November 2, 2025

Metropolis tycoons plot money shell float to fund $5bn takeover deal

A bunch of senior Metropolis figures is in talks to boost a whole lot of hundreds of thousands of kilos…

Business
November 1, 2025

‘Important’ step in establishing nationwide restorative justice programme for Submit Workplace victims

A "significant" step has been taken in establishing a nationwide restorative justice programme for victims of the Submit Workplace's Horizon…

Business
October 31, 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?