It is the highest number of roles cut by Ramsey, who first rose to fame in 1999 after appearing on Boiling Point, since the pandemic when staff figures plummeted by 292.

Most of the roles cut in 2024 by the Hell's Kitchen chef were in the restaurants themselves, and comes shortly after he confirmed he would be axing front-of-house staff in his casual dining venues due to rising costs.

Ramsay, who has a net worth of an estimated £167,250,500, previously told the Evening Standard: 'The generation now don't want to talk and order.'

Elsewhere, the business blamed a 'persistently challenging and macroeconomic environment' boiling its poor economic outlook down to rising energy and wage costs.

Increased to minimum wages as well as National Insurance rates ushered in by Chancellor Rachel Reeves budget in 2024 are also believed to have pilled further pressure on the hospitality sector as a whole, industry experts say. 

UKHospitality estimated the last Budget brought £3.4 billion of extra costs to hospitality venues including restaurants, with around 70 percent said plans to cut roles as a knock-on effect.

But it's not just in Ramsay's high street chains that are paying the price, as the outlook for his fine dining outlets is also grim.

At his Michelin-starred restaurant, Petrus, diners are paying an extra £35 compared to 2023 for Christmas dinner - taking the total to an eye-watering £325 per person.

Harrods has also cut ties with the chef's restaurant chains, while his Gordon Ramsay Burger chain, which boasts £85 wagyu beef burgers on the menu, is set to close its doors on Jan 11.

And although Ramsay's restaurant group say revenues rise from £95.6m to £133.9m in 2024, it was not enough to prevent massive losses.

Yet despite the bleak outlook for his firm on British shores, the chef is planning to launch in Spain, Saudi Arabia and India, with a branch expected to open in Riyadh later this year.

And the 58-year-old already has international venues in countries such as South Korea, Thailand and China, and has also partnered to provide luxury catering for Formula 1. 

Elsewhere in the capital city, where he shares a £7.5million pad in south-west London with his wife Tana, Ramsay also plans to open a new Bread Street Kitchen & Bar in Bishopsgate during the first half of 2026.

And although the recent figures may not be the brightest of financial figures for the famously furious chef, Ramsay's restaurants make up just one aspect of his business portfolio.

His television production company behind shows including Gordon's Food Stars and Next Level Chef, made a £7.1 million profit last year from revenues of £60.6 million.

Andy Wenlock, chief executive of Gordon Ramsay Restaurants, said: 'As an ambitious business, we will continue expanding our popular brands across the UK and globally, in particular via the franchise market in the USA for our quick service brands – Gordon Ramsay Fish & Chips, Street Pizza, and Street Burger.

'While the economic backdrop features some uncertainty and challenge, we are unafraid to be entrepreneurial.'

By ELIZABETH HAIGH, SENIOR NEWS REPORTER  and SHANNON MCGUIGAN, NEWS REPORTER