G1 Group axe staff for second time during coronavirus

Corinthian Image 1

Some G1 staff have received a letter from the company’s CEO to say that they have been made redundant for a second time during the coronavirus crisis. G1 let thousands of staff go in March, before doing a U-turn when the UK Government announced the furlough scheme days later.

In the letter, the firm, whose venues include Glasgow’s Corinthian (pictured), cited losses of over £25m in revenue since the start of the outbreak as justification for its decision, also claiming that it has had to fund over £1m in costs per month while making no income.

 

Category: News
Tags: furlough, G1 Group, redundancy