Premier Inn owner to cut 3,800 jobs in savings plan
Whitbread, the owner of Premier Inn, plans to cut 3,800 jobs across the UK and Ireland as part of a five-year strategy to save £250 million and streamline operations. The company will overhaul its hotel restaurants, replacing 197 sites with a new integrated food and drink model, and reduce its capital spending by £1 billion. These changes follow rising operational costs and a 19% drop in annual pre-tax profit, with job reductions subject to staff consultation and potential redeployment.
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Premier Inn owner to cut 3,800 jobs in savings plan16 minutes agoShareSaveAdd as preferred on GoogleSam ReadBedfordshire, Hertfordshire and BuckinghamshireHarry Low/BBCThe hotel chain has 86,000 rooms in the UKThe owner of Premier Inn is to cut 3,800 jobs in the UK and Ireland as part of a five-year plan to save £250m and overhaul its restaurants. Whitbread, based in Houghton Regis, Bedfordshire, also said it would change the way its serves food and cut £1bn from its capital building programme.Restaurants at 197 hotels will be replaced by an "integrated food and drink model", which the company said would be more efficient and was preferred by guests.
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