Birmingham news Upper Crust and Caffe Ritazza owner axes 5,000 jobs - half of workforce MetiNews.Com

MetiNews.Com - SSP Group will outline plans to cut up to 5,000 jobs in a statement to the London Stock Exchange after suffering heavy losses due to the coronavirus pandemic

Birmingham news Upper Crust and Caffe Ritazza owner axes 5,000 jobs - half of workforce MetiNews.Com

MetiNews.Com - SSP Group will outline plans to cut up to 5,000 jobs in a statement to the London Stock Exchange after suffering heavy losses due to the coronavirus pandemic

Birmingham news  Upper Crust and Caffe Ritazza owner axes 5,000 jobs - half of workforce MetiNews.Com
01 July 2020 - 06:00

Breaking News ! The company behind railway station and airport chains Upper Crust and Caffe Ritazza is reportedly planning to make more than half of its UK workforce redundant. Sky News reported that SSP Group will outline plans to cut up to 5,000 jobs in a statement to the London Stock Exchange after suffering heavy losses due to the coronavirus pandemic. The broadcaster said it had seen parts of a message sent to staff on Tuesday which reportedly said the company had "come to the very difficult conclusion that we will need to simplify and reshape our business and, from tomorrow, we will be starting a collective consultation on a number of proposed changes to the business". It added: "This includes a proposed reorganisation which could lead to a headcount reduction of up to c.5,000 across SSP Group, SSP Finance and SSP UK, which includes all head office colleagues and both salaries and hourly paid colleagues in operations.

. Earlier this month, SSP, which employs around 30,000 staff worldwide and has 2,500 outlets, said it has suffered "extremely low sales" after the coronavirus pandemic forced it to shut sites. The travel food specialist reported that like-for-like sales tumbled 8.4% in the half year to March 31 after most global markets were hammered by the virus and subsequent travel restrictions. Only 10% of its units continued to trade throughout April, as the company "effectively hibernated", it said.

Source = MetiNews.Com

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Birmingham news Upper Crust and Caffe Ritazza owner axes 5,000 jobs - half of workforce MetiNews.Com


Birmingham news Upper Crust and Caffe Ritazza owner axes 5,000 jobs - half of workforce MetiNews.Com


Birmingham news Upper Crust and Caffe Ritazza owner axes 5,000 jobs - half of workforce MetiNews.Com


Birmingham news Upper Crust and Caffe Ritazza owner axes 5,000 jobs - half of workforce MetiNews.Com

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