Current location - Recipe Complete Network - Catering industry - Why did Li Ka-shing's 43 billion British pubs lay off staff?
Why did Li Ka-shing's 43 billion British pubs lay off staff?
Li Ka-shing's $43 billion acquisition of British bar layoffs is due to epidemic restrictions.

Li Ka-shing's Glinkin, Britain's largest bar operator, recently announced that dozens of stores will be temporarily closed, some will be permanently closed and hundreds of people will be laid off due to the epidemic.

On October 8th, 65438/kloc-0, Glinkin will lay off 800 employees and temporarily close 79 stores, including the 1 1 Loch Fyne restaurant announced last week. Of the 79 stores temporarily closed, 25 will be closed permanently.

Glinkin's spokesman, King Greene, said that the restrictions experienced by bars may last for another six months after the outbreak, so the company made a difficult decision and is trying its best to arrange jobs for employees in other stores.

Extended data

Glinkin is the largest bar operator in the UK, established in 1799. 20 19 was acquired by Changjiang Industry, a subsidiary of Li Ka-shing, for 4.6 billion pounds (about 5.6 billion US dollars).

Since the outbreak of coronary pneumonia, the cumulative number of confirmed cases in Britain has exceeded 540,000, and the death toll has exceeded 42,000. The latest epidemic prevention measure in Britain is that restaurants and bars in England have been under curfew since September, and must be closed at night 10.

However, under the epidemic measures, the British bar catering industry as a whole is facing difficulties. Managers of bar operators Young's and City Pub Group say they may also be forced to lay off hundreds of employees.

Shanghai Hotline-Li Ka-shing's 43 billion acquisition of British bars has permanently closed 25 pubs and laid off 800 people.