Whitbread's Decision to Cut 1,500 Jobs and Restructure Operations
Tuesday, 30 April 2024, 07:10
Whitbread's Restructuring Plan
The decision to cut 1,500 jobs by Whitbread, the parent company of Premier Inn, reflects its commitment to enhancing operational efficiency and ensuring long-term sustainability. The company's strategy involves selling or closing more than 200 restaurants to focus on its core hotel business.
- Job Cuts: Whitbread plans to reduce its workforce by 1,500 employees.
- Restaurant Closure: Over 200 restaurants are set to be sold or shut down.
- Focus on Hotels: The company aims to expand its hotel business to drive growth.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.