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Employeetransfers

All articles tagged with #employeetransfers

business2 years ago

"TGI Fridays Closes Dozens of Locations Nationwide Amid Underperformance"

TGI Fridays has closed 36 underperforming restaurants across 12 states, including six in the DC area of Maryland and Virginia, leaving 11 locations in the region. The company is streamlining operations to improve customer experience and has offered transfer opportunities to over 1,000 employees affected by the closures. Additionally, eight Northeast locations have been sold to the chain's former CEO, Ray Blanchette. TGI Fridays, owned by TriArtisan Capital Advisors, operates around 650 restaurants globally.

business2 years ago

"TGI Fridays Shuts Down Multiple Massachusetts Outlets Amid Nationwide Closures"

TGI Fridays has closed 36 underperforming locations nationwide, including six in Massachusetts and one in New Hampshire, with signs indicating the closures as customers found the doors locked. The company is offering over 1,000 transfer opportunities to affected employees, although at least one long-term employee reported not receiving an offer. The remaining Massachusetts locations and eight other Northeast locations, sold to the chain's former CEO, remain operational.