An picture of the signal for T.G.I Friday’s as photographed on March 16, 2020 in Levittown, New York.

Bruce Bennett/Getty Images

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Bruce Bennett/Getty Images

An picture of the signal for T.G.I Friday’s as photographed on March 16, 2020 in Levittown, New York.

Bruce Bennett/Getty Images

TGI Fridays has closed 36 eating places throughout the nation and bought eight again to its former CEO, the corporate mentioned this week.

The firm is providing greater than 1,000 switch alternatives for 80% of the impacted staff, it mentioned.

“As we continue along our path of transformation to revitalize the Fridays brand and implement a long-term growth strategy, we see a bright future for TGI Fridays,” TGI Fridays CEO Weldon Spangler mentioned in a statement launched by the corporate.

Eight shops within the Northeast had been bought to former CEO Ray Blanchette, who “will lead the locations into a new phase of revitalization,” the corporate mentioned.

The firm additionally lately restructured its government management staff, with Spangler being appointed CEO, Ray Risley being named U.S. president and chief working officer and Nik Rupp named chief monetary officer and president of worldwide markets.

There at the moment are 237 TGI Fridays areas within the U.S.