Type
Internal restructuring
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Hotel / Restaurants
Accommodation And Food Service Activities
Food And Beverage Service Activities
56.1 - Restaurants and mobile food service activities

250 jobs
Number of planned job losses
Job loss
Announcement Date
24 October 2018
Employment effect (start)
Foreseen end date

Description

Restaurant chain Gourmet Burger Kitchen (GBK) has announced plans to close 17 of its outlets which will result in the loss of 250 jobs. The chain which operates 80 restaurants across the UK, employing around 2,000 people has agreed the closures as part of a company voluntary arrangement (CVA) with its creditors. A statement from the company confirmed that it would look to deploy affected workers wherever possible, though there is no indication of how likely any redeployment might be. The sites which will be closed under the arrangement have not been disclosed, and nor has the timeframe.


Sources

Citation

Eurofound (2018), Gourmet Burger Kitchen, Internal restructuring in United Kingdom, factsheet number 95866, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/95866.