My Favorite Steak Restaurant Is Closing All 261 Of Its Locations The reason is that


In a desperate bid to stay afloat, Logan’s Roadhouse fired every employee and is set to close 261 locations. While many restaurants have switched to take-out and delivery, Logan’s decided it was better just to clear off their payroll and put people out of work rather than try to stay afloat during the worst economic collapse in American history. Logan’s Roadhouse is owned by the same parent company that owns Old Chicago, which is why it was decided by that large company, it would furlough all of its employees and their healthcare benefits just as people needed them most.
Not only did the restaurant company abandon its workers during this health and economic crisis, the company’s CEO, Hazem Ouf, but was also fired for stealing. He moved around money to suit his personal agenda despite never having the approval to do so.It was reported, “Hazem Ouf was fired as CEO of the company, CraftWorks Holdings, for passing along $7 million in sales taxes to states where the company’s various brands were in operation.”
Days after this man’s firing due to failing to make this financial move under the approval of the court-appointed supervising parties, CraftWorks Holdings, decided to keep on firing their workers. The company did this by “mothballing” every one of its 261 locations because it claimed they did not have any money to keep them running.
The company failed to tell employees that their jobs were gone for good, which meant that some people were holding onto the hope that they’d be able to return to work shortly once the first wave of the COVID-19 pandemic swept across America.
Before the pandemic, the company was struggling. It filed for Chapter 11 bankruptcy, which was made only worse by the economic crash during Trump’s fourth year in office.
After the company fired Hazem Ouf, they replaced him with the new CEO, Marc Buehler. He wasted no time in terminating employees and cutting off their healthcare benefits. Because these employees were left high and dry when they needed health care the most – during a global pandemic – people are scrambling to sign up for Obamacare, which continues to be a respite for people in need of affordable health insurance.

Related Posts

Pregnant Taxi Driver Takes a Homeless Man to the Hospital — Next Morning She Sees a Motorcade of SUVs Outside Her Window

A heavily pregnant taxi driver offers a homeless and injured stranger a free ride to the hospital on a rainy night.   The next morning, she wakes…

Try not to gasp when you see the VIDEO..

Millions of Americans didn’t even leave their apartments on Saturday during the crippling blizzard. This woman, however, couldn’t have cared less. Perhaps oblivious to the blistering cold,…

Relationship Joke

Relationships are full of surprises, awkward moments, and hilarious misunderstandings that make love both challenging and funny. From forgetful road trips to quirky situations, relationships often provide…

A woman in her 70s decided it was finally time to get married

A 70 Year Old Woman Finally Decided To Get Married…Brilliant continuation in the first comment  “Husband wanted. Must not beat me, must not walk all over me,…

Teacher is Fired But Before Taking Off Writes Message On Board For Students That Has School Up In Arms

Mrs. Tirado has a reputation for being the teacher that wants the best from her students. She works hard to teach them academics and expects them to…

I fell in love with Molly in college, a beautiful girl who only saw me as a friend. After her boyfriend Tanner left her, Molly discovered she was pregnant. Tanner refused responsibility, so I offered to marry her and raise the baby. Though hesitant, she accepted, and we built a life together with Amelia, her beautiful daughter.

I fell in love with Molly in college, a beautiful girl who only saw me as a friend. After her boyfriend Tanner left her, Molly discovered she…

Leave a Reply

Your email address will not be published. Required fields are marked *