The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Accommodation / Food 56 - Food and beverage service activities 56.1 - Restaurants and mobile food service activities 56.1 - Restaurants and mobile food service activities
400 jobs Number of planned job creations
Announcement Date
9 February 2018
Employment effect (start)
Foreseen end date
Description
Restuarant chain TGI Fridays has announced plans that it is to create 400 new jobs and open six new restuarants throughout 2018. There had been some speculation that the chain, originally founded in the USA in the 1960s, was struggling and that it was about to be put up for sale, though this latest announcement appears to contradict those rumours. There are currently 80 restuarants in the business operating across the UK; the locations for the six new sites have yet to be announced.
Sources
9 February 2018: Gloucestershire Live
Citation
Eurofound (2018), TGI Fridays, Business expansion in United Kingdom, factsheet number 93590, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93590.