Live Demo Agent Trial
Live Demo Agent Trial Log In Sign Up
News Wire / economy

UK Hotelier To Cut 3,800 Jobs

Mastodon London 19d12d Impact 5

Food giant Nestlé has announced plans to reduce its workforce in the United Kingdom by 450 positions. This move reflects ongoing shifts in the consumer goods sector within the UK market. Whitbread, the owner of the Premier Inn hotel chain, announced plans to cut approximately 3,800 jobs across the UK and Ireland. The company stated the reductions are part of a five-year strategy to reduce costs and overhaul its restaurant operations. The announcement follows a period of strategic restructuring for the firm. The company cited cost pressures from business rates and national insurance contributions as the reason for the savings measure. The announcement aims to save money for the group. The announcement comes amid broader discussions regarding societal freedom and tolerance in the UK.

Food giant Nestlé has announced plans to reduce its workforce in the United Kingdom by 450 positions. This move reflects ongoing shifts in the consumer goods sector within the UK market. Whitbread, the owner of the Premier Inn hotel chain, announced plans to cut approximately 3,800 jobs across the UK and Ireland. The company stated the reductions are part of a five-year strategy to reduce costs and overhaul its restaurant operations. The announcement follows a period of strategic restructuring for the firm. The company cited cost pressures from business rates and national insurance contributions as the reason for the savings measure. The announcement aims to save money for the group. The announcement comes amid broader discussions regarding societal freedom and tolerance in the UK. Whitbread, the owner of Premier Inn, Beef Eater, and Brewers Fayre, announced it will cut approximately 3,800 jobs. The announcement follows a period of economic concern regarding inflation in England. The announcement was reported by BBC Radio 4. This reduction represents more than 10 percent of the company's total workforce.

Topics

employment corporate restructuring Nestlé

Developing

  1. 862d Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore.
  2. 862d Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
  3. 862d Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est.
  4. 862d Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium.

Sources · 7 independent

Mastodon

“Nestlé to slash 450 jobs in UK as part of turnaround plan”

LBC London

“The owner of Premier Inn and Beef Eater has announced plans to cut nearly 4,000 jobs across the UK and Ireland. Whitbread says it's part of a new five-year strategy to reduce costs and overhaul its restaurants.”

BBC Radio 4

“The owner of the Premier Inn Hotel Chain Whitbread has just announced plans to cut about 3,800 jobs in the UK and Ireland.”

Times Radio UK

“Premier in-owner Whitbread has announced plans to cut around 3,800 jobs in the UK and Ireland. The hospitality group said it wanted to save money because of cost pressures coming from business rates and national insurance contributions.”

BBC Radio 4

“The owner of the Premier Inn hotel chain Whitbread is planning to cut around 3,800 jobs in the UK and Ireland. The company said it wanted to save £250 million because of pressures coming from business rates and national...”

BBC Radio 4

“The owner of the Premier Inn hotel chain Whitbread is planning to cut around 3,800 jobs in the UK and Ireland. The company said it wanted to save £250 million”

BBC Radio 4

“Around 3,800 jobs are to be cut by Whitbread, the owner of the Hotel Chain Premier Inn. The company also owns restaurant chains including beef eater and brewers fair. Whitbread has blamed cost pressures caused by business rates and national insurance contributions.”

BBC Radio 4

“Whitbread, which owns Premier Inn, is to cut 3,800 jobs, or more than a tenth of its workforce over the next five years.”

Unlock the full story

Get a Pro subscription or above to see the live story progression and the full list of independent sources confirming each event as they happen.

Log in to upgrade