YATE’S Cineworld cinema is set to shut as the troubled company tries to cut costs.
The cinema at the Riverside retail and leisure park in Link Road is one of six across the UK which the company says are “commercially unviable” and earmarked for closure.
The company, which went into administration last year, has more than 100 cinemas across the country but says it needs to restructure the business.
A spokesperson for the company said: “Yes, Cineworld Yate is at risk of closure.
“At the moment the cinema is open as usual and we will update at the end of September, when the legal process is complete.”
Asked how many jobs were at risk, the spokesperson told the Voice: “The total number of impacted roles cannot be confirmed until the process is complete.
“But we are hopeful that this plan will safeguard as many jobs as possible and we will offer redeployment to as many impacted employees as possible at nearby sites.
“We are implementing a Restructuring Plan that will provide our company with a strong platform to return our business to profitability, attract further investment from the Group, and ensure a sustainable long-term future for Cineworld in the UK.”
The other sites the company plans to close are in Swindon, Glasgow, Bedford, and Hinckley and Loughborough in Leicestershire.
Last year Cineworld closed its multiplex at Hengrove in south Bristol.