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Over 2,500 jobs saved, but over a 1,000 jobs lost. TGI Friday mass closure reports suggest that despite the rescue deal, not all of the company’s restaurants will continue to remain functional. According to the data, TGI Fridays has seen 35 restaurant closures across the UK with the administration working with landlords to find a way to save the restaurants that were closed down.
TGI Fridays’ parent company Hostmore filed for administration last month due to piling debt that it no longer felt capable of handling. Of the multiple outlets under the TGI Fridays brand in the UK, 51 sites