DEVELOPING: Leon to abruptly close stores, slash jobs in major restructuring effort.

Breaking News: Leon to Abruptly Close Stores, Slash Jobs in Major Restructuring Effort Leon, a High Street food chain, has announced plans to close several of its restaurants and cut jobs as part of a major restructuring effort. The company has appointed Quantuma as administrators after being reacquired by its original co-founder John Vincent last month. Leon's immediate priority is to close its most unprofitable restaurants, with the company stating that it will try to find jobs in the stores that remain open for its approximately 1,000 employees. The company has not confirmed which stores will be closed, but it has warned that the worst-performing of its 71 locations are at risk. Leon's decision to restructure comes after being acquired by John Vincent, who has identified areas for improvement in the business. The company has developed a program with Pret A Manger to support staff who may lose their jobs, allowing them to apply for positions in other Leon outlets or with Pret. The company's stores remain open for now, but the future of several locations hangs in the balance. Leon will continue to assess its operations and make further announcements in the coming days. This is a developing story, and we will provide updates as more information becomes available.