Byron, which was founded in 2007, fell into administration in June and will hold on to just 550 of its 1,200 workers.
Administrator KPMG said 31 of Byron’s 51 restaurants will close, as it confirmed that 651 staff had been made redundant.
Joint administrator Will Wright said the impact of the pandemic had been ‘profound’.
Britain’s hospitality industry was already in trouble before Covid-19 struck and has been smashed by lockdown.
Thousands of jobs have been lost at Carluccio’s, Bella Italia, Café Rouge, and Frankie & Benny’s, and the industry continues to struggle due to customers’ concerns about the virus and the continuation of social distancing measures.
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