"It has been a very sad two weeks where we have unfortunately had to allow most of our staff to take redundancy and revert to a small manageable team,"
Although advocates of London nightclub Fabric found renewed hope when its management announced that they would appeal the Islington Council’s decision to revoke its license in September, unfortunate news has since emerged from their camp. Being that the venue has been closed since August, its cash flow has halted (aside from a staggering amount of donation capital generated by the #saveourculture fundraiser) and the company has been forced to lay off most of its employees as a result.
Since the launch of the fundraiser, Fabric’s owners have issued transparency statements detailing how the donation capital would be allocated, among other things. In the third and most recent one, Managing Director David Kilbey wrote:
"It has been a very sad two weeks where we have unfortunately had to allow most of our staff to take redundancy and revert to a small manageable team," wrote managing director Gary Kilbey in the club's latest transparency statement. "We thank all of those loyal staff and wish them well in their career choices."
Fabric had announced earlier in the month that the appeal date had been set for November 28th. Over the course of the proceedings, the nightclub’s management also aims to to set a new legal precedent regarding the UK’s licensing act.
Source: Resident Advisor