The new test restaurant concept is smaller than traditional McDonald’s restaurants in the US.
The food delivery platform will provide severance pay for those impacted by the decision.
Twelve restaurants are scheduled to open in 2023, with six opening in new markets for Condado Taco.
As part of the expansion, 600 restaurants will be opened in several countries over the next ten years.
The restaurants will be opened across nine provinces in Canada.
The temporary pub will run until 1 December.
The move is said to be part of its global annual review process.
The move involves the closure of its customer service centre in Borehamwood, UK.
The VAs are working with Go To Collection’s management, shareholders, and directors to restructure the business.
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Prasuma plans to introduce one Momo Kitchen every week, with an aim to add more than 200 units by the end of 2025.
The company agreed to divest its 33.3% stake in iFood for up to €1.8bn in August.
Tim Hortons intends to invest up to $36.7m to expand the chain in the country.
The restaurant company’s total revenue for the full year 2022 was $1.46bn.