Whitbread to reduce number of redundancies

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Hotel and restaurant company Whitbread has told The Times that it will reduce the number of redundancies at its hotels and restaurants.
The owner of Premier Inn and Brewers Fayre said that redundancies will be āsignificantly lessā than the 6,000 it announced in September.
In a statement to The Times, the international hotelier said the reduction was made possible āas a result of higher levels of colleague redeployment and greater levels of flexibility in working hours.ā
It added: āOur current plans will help ensure that we have the flexibility to respond to changes in customer demand going forward.ā
Established in 1742 as a brewer, the company has now expanded into a major feature of the catering industry, owning roughly 400 Beefeater, Brewers Fayre, and Table Table restaurants.
It added that the chancellorās decision to extend the furlough scheme until March would āundoubtedly help supportā the firm throughout the ādifficult periodā.
Whitbread has been majorly impacted by the pandemic, reporting a £724m statutory loss for the first half of the financial year in October.
The group said the losses were mainly driven by Covid-19, which directly accounted for Ā£348.1m worth of impairments in the period.Ā
Catering Today has contacted Whitbread for further comments.