TGI Fridays axes 1,000 jobs and closes 35 restaurants despite rescue deal
There was no warning of potential redundancies or consultation with those employed by TGI Fridays. (ErithJohn via Getty Images) Part of restaurant chain TGI Fridays has been bought by private equity firms Calveton and Breal Capital in a deal that will save 51 of the chain’s 87 dining spots. But it’s estimated that, despite the…