Renowned Steak Restaurant Brand Calls It Quits, Closing All 261 Branches!

In a desperate move to stay afloat, Logan’s Roadhouse has fired all employees and is closing 261 locations. Instead of adapting to take-out and delivery, the company opted to cut payroll and benefits amid the economic collapse. Logan’s Roadhouse, part of CraftWorks Holdings, also saw its CEO, Hazem Ouf, fired for misappropriating $7 million in sales taxes.

The company, struggling with Chapter 11 bankruptcy even before the pandemic, now faces criticism for leaving around 18,000 workers without jobs or healthcare during a global crisis. The new CEO, Marc Buehler, quickly moved to terminate employees and cut benefits, forcing many to seek alternative health insurance options. Although CraftWorks Foundation has offered some support through its HOPE Program, many are questioning whether companies should prioritize their workers or their bottom line in such challenging times.

Related Posts

And secret service Scene leaving…

On November 22, 2024, two ambulances and several vans filled with Secret Service agents were observed departing Mar-a-Lago in Palm Beach, Florida. This development was reported by…

Gets a photo from his wife and…

As they walked hand-in-hand one evening, John felt it was time to make a request that had been weighing on his mind. Pausing to face Chloe, he…

World famous rising star has…

Chance Perdomo, a rising star celebrated for his roles in The Chilling Adventures of Sabrina and Gen V, tragically lost his life in a motorcycle accident on…

The $1 bill to keep an eye out for has an…

Keep an eye out for $1 Federal Reserve notes that have seven repeating digits in a row. For instance, numbers like 09999999, 18888888, 19999999, and more. These…

I was living with my mom in a rundown trailer, barely..

A poor boy begged his mom to give him the last $13 she had saved for their food to start a business. Several months later, he took…

The Hidden Detail In The Wendy’s Logo That..

Ah, Wendy’s—the US-based burger brand famously fronted by a cheery red-haired girl.Rumors have circulated that there’s an Easter egg hidden in the logo, but Wendy’s has already…