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Greene King Weighs About 100 Job Cuts in Fresh Restructuring Review, Report Says

Cost inflation plus tax pressures have left the pub group under strain despite reporting £2.45bn in 2024 sales.

Overview

  • The Times reports Greene King is reviewing changes that could affect about 100 roles across head office and central teams.
  • No final decision has been taken, and the company has declined to comment on the report.
  • The move would represent a second restructuring in roughly two years for the operator of about 2,600 pubs across Britain.
  • Company filings show 2024 sales rose 3.2% to £2.45bn, yet the group posted a £147.1m pre-tax loss alongside £198m in adjusted operating profit.
  • Chief executive Nick Mackenzie has said costs have risen by more than £300m since 2019 from tax, energy, food and labour, as the sector readies for new business-rates relief from April.