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Bistrot Pierre closes 8 UK locations, cuts 158 jobs, but 10 sites are saved by new ownership.
Bistrot Pierre, a UK-based restaurant chain, has closed eight locations due to rising costs from increased minimum wage and national insurance, leading to 158 job losses.
However, Cherry Equity Partners has acquired a major part of the business, ensuring the continuation of 10 sites and safeguarding 394 jobs.
The CEO, Nick White, expressed regret over the closures but noted the move was necessary to keep the chain viable.
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Bistrot Pierre cierra 8 ubicaciones en el Reino Unido, reduce 158 puestos de trabajo, pero 10 sitios se salvan por la nueva propiedad.