Pizza Hut puts 450 jobs at risk with UK closure plan

Pizza Hut plans to close more than a tenth of its UK outlets, putting 450 jobs at risk in a hospitality sector hit particularly hard by the coronavirus crisis. The fast-food chain's UK franchise said on Wednesday it would close 29 of its 244 restaurants as "Sales are not expected to fully bounce back until well into 2021". Pizza Hut said it was "Committed to doing the right thing" and hoped to reach an agreement with creditors to "Secure as many jobs as possible". It said the restructuring would not affect Pizza Hut Delivery, or any other operations held by the brand's US-based owner Yum Brands, which is also behind chains such as KFC and Taco Bell. The pizza chain has faced headwinds in the US. NPC International, Pizza Hut's largest restaurant operator in the US with 1,225 restaurants, in July filed for bankruptcy after it failed to secure financial relief from Yum Brands.

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