Particle.news

Download on the App Store

Cineworld to Close Six UK Cinemas in Major Restructuring Effort

The cinema chain aims to cut costs and negotiate lower rents to ensure long-term profitability.

  • Six cinemas in Glasgow, Bedford, Hinckley, Loughborough, Yate, and Swindon will close by late September 2024.
  • Employees at affected sites will be offered redeployment opportunities where possible.
  • The restructuring plan seeks court approval and aims to reduce operating costs and secure additional funding.
  • Cineworld's operations outside the UK will remain unaffected by the closures.
  • The company has recently emerged from Chapter 11 bankruptcy and is focused on financial recovery.
Hero image