The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Hotel / Restaurants Accommodation And Food Service Activities Food And Beverage Service Activities 56.1 - Restaurants and mobile food service activities
130 jobs Number of planned job losses
Announcement Date
1 May 2009
Employment effect (start)
1 May 2009
Foreseen end date
1 May 2009
Description
Restaurant Management Services Ltd, which operates 14 Pizza Hut restaurants in Northern Ireland, has announced the immediate loss of 130 jobs. The franchisee has gone into administration, and five of the fourteen restaurants owned by the company are to close straight away, with job losses of 28 each at Yorkgate and Dongannon, 25 each at Dublin Road and Coleraine, and 24 at Connswater. Increasing competition and the current economic climate have been blamed.
Sources
1 May 2009: BBC Website
Citation
Eurofound (2009), Restaurant Management Services Ltd, Bankruptcy in United Kingdom, factsheet number 68860, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68860.
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