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🍗 KFC and Pizza Hut Operator in Turkiye Goes Bankrupt—Boycott Power or Business Failure?

KFC-SHUTDOWN
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Adil

The former operator of KFC and Pizza Hut in Turkiye, Is Gida, has officially filed for bankruptcy, drowning in $214 million in debt after Yum! Brands cut ties with the company in January. This collapse has led to 537 restaurant closures and left 7,000 workers jobless, many of whom were fired without pay—sparking nationwide protests. 🚨

But here’s the real kicker: This all comes amid a massive boycott of Western brands over their ties to Israel and its genocidal war in Gaza, which has killed over 47,000 Palestinians. 🌍✊

The collapse of KFC and Pizza Hut’s former operator in Turkiye has sent shockwaves through the fast-food industry. Is Gida, the company that once managed the two brands in the country, has filed for bankruptcy, drowning in $214 million in debt after Yum! Brands abruptly cut ties in January. 🚨

Now, 537 restaurants have shut down, 7,000 workers are out of jobs, and nationwide protests have erupted as employees demand unpaid wages.

But here’s the real question: Is this just bad business, or is the global boycott working? 🌍✊

🚨 What Happened to KFC & Pizza Hut in Turkiye?

🍗 Yum! Brands (parent company of KFC, Pizza Hut, and Taco Bell) terminated Is Gida’s franchise agreements on January 8, 2025, citing “non-compliance” with corporate standards.
đź’¸ Is Gida filed for bankruptcy shortly after, revealing TL 7.7 billion ($214 million) in debt.
⚠️ Workers were fired without pay, sparking protests in Istanbul, Ankara, and Izmir.
🏦 Meanwhile, Yum! Brands is thriving, reporting $1.49 billion in net profit for 2024 and seeing its stock jump 8% on Wall Street.

đź’Ą Boycott Impact? Or Just Business Mismanagement?

While Yum! Brands is blaming poor management, there’s another factor at play: The growing global boycott of Western brands over their ties to Israel’s genocide in Gaza.

Since October 7, over 47,000 Palestinians have been killed in Israel’s relentless attacks, fueling consumer boycotts across the Muslim world. McDonald’s, Starbucks, and KFC are some of the biggest targets, with their stock prices taking serious hits. 📉

📉 Yum! Brands' Financials—Feeling the Heat?

The parent company of KFC and Pizza Hut might be making billions, but the cracks are showing:

🔻 Net income dropped by 8.17% 📉
đź’° Cash reserves fell by 20.23%, meaning less financial security.
📉 Net profit margin shrank by 14.12%—they’re making less money from sales.
🚨 Cash from financing collapsed by 145.74%, signaling struggles with debt and investments.

Boycotts work, and the numbers prove it.

🔥 What’s Next?

👀 Will Yum! Brands return to Turkiye? They haven’t announced plans for a new franchise operator.
đź’° Will fired workers get paid? Protests are growing, and public pressure is mounting.
🚀 Will the boycott movement keep gaining strength? If corporations continue to ignore human rights, consumer activism will only intensify.

🚀 Keep the Momentum Going!

Boycotts are hitting corporations where it hurts—their profits. 💥

Check the Boycat app 📱 for updates on which brands to avoid and ethical alternatives to support. 🛒

Stay informed. Stay loud. Stay committed. Because every dollar spent—or NOT spent—makes a difference.