A steak restaurant is closing all 261 of its locations… Read on to know more…

In a last-ditch effort to stay in business, Logan’s Roadhouse fired all of its workers and plans to close 261 of its restaurants.

While many restaurants have switched to take-out and delivery, Logan’s decided it was better to just clear off their payroll and put people out of work than to try to stay open during the worst economic collapse in U.S. history.

Logan’s Roadhouse is owned by the same parent company as Old Chicago. Because of this, the big company decided to let all of its employees go on furlough and take away their health care benefits at a time when people really needed them.

During this health and economic crisis, the restaurant company abandoned its workers, and the company’s CEO, Hazem Ouf, was fired for stealing.

He moved money around to help himself, even though he didn’t have permission to do so.

It was said that CraftWorks Holdings fired CEO Hazem Ouf for sending $7 million in sales taxes to states where the company’s different brands were operating.

CraftWorks Holdings fired more workers a few days after this man was fired because he didn’t make this financial move with the approval of the court-appointed overseers.

The company did this by “mothballing” all 261 of its locations because it said it didn’t have enough money to keep them running.

The company didn’t tell its employees that their jobs were gone for good, so some people kept hoping that they’d be able to go back to work soon after the first wave of the COVID-19 pandemic hit America.

Before the pandemic, the business was having a hard time. It went bankrupt under Chapter 11, which was made worse by the economic crash in Trump’s fourth year in office.

After firing Hazem Ouf, the company brought in Marc Buehler as the new CEO.

He fired people right away and stopped paying for their health insurance.

People are scrambling to sign up for Obamacare because these employees were left without health care when they needed it the most—during a global pandemic. Obamacare continues to help people who need affordable health insurance.

About 18,000 people worked at Logan’s Roadhouse, but they were all fired all at once because the company was badly run and didn’t have a plan B if things didn’t go their way.

Instead, the people in charge only cared about themselves and their own money.

Even though the restaurant left its workers when they needed help, they did give them a little bit of hope.

The company wrote on Facebook, “Logan’s team members—The HOPE Program and Logan’s Love are run by the CraftWorks Foundation, which is a 501(3)c.

The goal of HOPE is to help team members or former team members who are going through a hard time.

Team members are people who work for CraftWorks Holdings now or in the past (up to 4 months after leaving the company).

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