Coronavirus: Yo! Sushi to shut restaurants and cut 250 jobs
Image copyright Yo! Sushi
Yo! Sushi has announced it will close 19 restaurants and cut 250 staff as part of a company-wide restructure.
The company is launching a company voluntary arrangement (CVA), allowing it to shut loss-making sites.
It said the current climate and “changes in consumer behaviour” meant that rents at some restaurants were unsustainable.
Yo!’s boss Richard Hodgson said:…
Discover more from USNewsRank
Subscribe to get the latest posts sent to your email.