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06/01/2015
140 Job Losses At Bewley's Cafe
Bewley's Cafe on Grafton Street, Dublin is to close for six months for refurbishment work, with 140 jobs lost.
Over €1 million is to be spent on work to the building.
The cafe was losing €1.2m per annum and has an annual rent of €1.5m.
Chief Executive John Cahill said: "Ongoing and major losses are not a viable option for the cafe. We have a choice of either permanent closure or investing in a realignment and rejuvenation of the cafe.
"We have chosen to underpin its future sustainability through a restructuring plan involving further investment and improvement."
He also apologised to employees affected by the closure, and offered to open consultation to protect jobs where possible.
(CD/JP)
Over €1 million is to be spent on work to the building.
The cafe was losing €1.2m per annum and has an annual rent of €1.5m.
Chief Executive John Cahill said: "Ongoing and major losses are not a viable option for the cafe. We have a choice of either permanent closure or investing in a realignment and rejuvenation of the cafe.
"We have chosen to underpin its future sustainability through a restructuring plan involving further investment and improvement."
He also apologised to employees affected by the closure, and offered to open consultation to protect jobs where possible.
(CD/JP)
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