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Whitbread to cut 1,500 jobs as it doubles down on hotels

By Benjamin Chiou

Date: Tuesday 30 Apr 2024

(Sharecast News) - Hospitality group Whitbread has announced a £150m share buyback and beefed up its dividend after seeing its bottom line jump by more than a third in the year to 29 February, as it unveiled plans to cut jobs as it turns underperforming restaurants into more hotels.
The company,...

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