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Whitbread plans to cut up to 6,000 jobs

Christian Fernsby ▼ | September 22, 2020
Whitbread has announced plans to cut 6,000 jobs, hours before the government is to outline new restrictions on the hospitality sector to tackle rising coronavirus infection rates.
Whitbread
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Whitbread said it had begun consultations with staff and hoped the majority of the proposed cuts could be made voluntarily as it revealed the extent of its collapse in sales during the coronavirus crisis.

Topics: Whitbread

It reported that sales during the first half of its financial year to 27 August fell by almost 80% as a result of the lockdown that forced the closure of most sites.

It said the accommodation division was performing ahead of the market since re-opening while its restaurant brands were "boosted by the positive impact of the Eat Out To Help Out scheme".

It said August UK total sales improved to be 38.5% down year-on-year.


 

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