restrictions.
It made the announcement after creditors agreed a restructuring in September that the chain said had"secured" the future for its remaining 9,000 workforce. That deal, under a so-called company voluntary arrangement, resulted in the closure of 73 sites and unlocked £144m of new investment that had depended on the outcome of the vote.
Pizza Express, which had already been up for sale, confirmed on Thursday that no further restaurant closures were planned but it expected around 1,300 staff to lose out through voluntary and compulsory redundancies in a bid to cut costs.Managing director Zoe Bowley said:"Our aim throughout these extremely challenging times has been to keep our team members and customers safe, and to retain jobs for as long as possible.
"As a leading employer in our sector, we see every day how this pandemic is having a profound impact on our industry, our business and on people's lives.
The lockdown caused the losses not the virus
Lock it all down
Another BorisJohnson apparent success
They must be crap if they’re struggling when takeaways are king at the moment with the lockdowns
Cut pizza not jobs
nice
Voluntary redundancies
Corona pizza.
Sorry Prince Andrew... 😭😭😭😭
That's a pizzer
Prince Andrew 🤝 COVID Screwing over Pizza Express
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