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Premier Inn to cut 1,500 jobs amid plans to expand hotels

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Premier Inn owner Whitbread to cut 1,500 jobs as it plans to cut down on restaurants and build more hotel rooms.

Premier Inn owner plans to axe 1,500 jobs as it looks to cut number of restaurants and build more hotel roomsPremier Inn owner Whitbread has said it will axe around 1,500 jobs across the UK.

The group, which owns restaurants including Brewers Fayre and Beefeater, said the job cuts are still subject to consultation and come from its total UK workforce of 37,000 employees. The FTSE 100 company announced pre-tax profit of £452 million for the year ending February 29, up 21% on the year before.

For the most recent period on record , food and beverage sales were down 2%.The Co-operative Bank reveals plans to cut 400 jobs in the UK

Source: Holiday News (holidaynews.net)

 

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