Prezzo to shut 46 restaurants including Scottish locations - full list of closures
Around 810 workers are at risk of redundancy as part of the overhaul. The shake-up will leave the hospitality chain with 97 restaurants and about 2,000 staff.Bosses at the private equity-owned businesses said the cuts, which are part of a broader strategic review, will affect sites where “the post-Covid recovery has proved harder than we had hoped”.
The restaurant group said costs have leapt over the past year, with its utility bills more than doubling and double-digit wage inflation. Dean Challenger, chief executive of Prezzo, said: “The last three years have been some of the hardest times I have ever seen for the high street and I’m extremely proud of the way our colleagues have retained Prezzo’s position as an appealing, trusted, great value food and drink experience.
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