The restaurant group said it had been impacted by rising food costs
Italian restaurant chain Prezzo is to shut 46 loss-making sites, with 810 jobs now at risk of redundancy. The firm said the closures were due to soaring costs and changes in customer habits.
READ MORE: Classic car similar to King Charles' beloved Aston Martin up for sale at Silverstone Auctions The chain said it would try to protect jobs where it could by deploying "as many staff internally as possible" elsewhere. After the closures, the restaurant chain will have 97 restaurants and around 2,000 staff.
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Prezzo to close 46 restaurants with 810 jobs at riskPrezzo will close 46 loss-making restaurants as it struggles with soaring energy and food costs.
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Italian food chain Prezzo closing 46 restaurants with 810 jobs at riskItalian food chain Prezzo to close 46 restaurants with 810 jobs at risk
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Glasgow Prezzo to shut as 46 restaurants and 810 jobs at risk of being axedThe news comes two years after the group closed 22 of its restaurants and cut 2016 jobs. Prezzo fell into administration late in 2020 before being bought by private equity owners Cain International.
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Prezzo to shut 46 restaurants putting 810 staff at risk - full list of sites closingThe move will put around 810 workers at risk of redundancy, the Italian restaurant chain said, although it will try to redeploy 'as many staff internally as possible'
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Popular restaurant chain to shut 46 stores with 810 jobs at riskPrezzo is to shut 46 loss-making restaurants after being hit hard by soaring energy and food costs.
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Prezzo to close 46 restaurants which are making a loss - is your local branch set for the chop?Prezzo blamed rising costs and customer habits for the closure of 46 loss-making branches of the Italian high-street eatery announced today. Is your local set for the chop?
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