My Favorite Steak Restaurant Is Closing All 261 Of Its Locations

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.

Logan’s Roadhouse had about 18,000 employees who were all suddenly let go because the company was mismanaged and fail to have any backup plan if things did not go their way. Instead, their leadership only looked out for themselves and their pocketbooks.

Although the restaurant abandoned their employees in their time of need, they did leave workers with a bit of hope.

The company shared on Facebook, “Logan’s team members — The HOPE Program and Logan’s Love is managed by the CraftWorks Foundation and is a 501(3)c. The mission of HOPE is to support team members or former team members who are currently experiencing a crisis situation. Team members are defined as people who are currently or were formerly (up to 4 months post-employment) employed by CraftWorks Holdings.”

Do you think companies should do their best to support their workers now? Or should they work to serve just their bottom line during this economic crisis?

SOURCE http://awm.com

Related Posts

I Handed My Jacket to a Woman in the Cold, and Two Weeks Later a Velvet Box Turned My World Upside Down

That morning, Fifth Avenue looked like it had been scrubbed clean by winter. The sky was the color of dirty pearl, and the wind slid between buildings…

The search for the missing young woman ends, she was found with a m… See more

The deaths of Carolina and Luiza have become a defining wound for their community, a moment that divides life into “before” and “after.” What began as an…

“Dad, is Mommy screaming outside the door? Is she in pain?” a six-year-old son texted his father while he was on a business trip. He asked him to hold the phone to the door, and a few seconds later he called the police.

His husband had left on an early morning flight for a work trip. The airport was noisy. He held his son’s hand tightly. “Dad, are you coming…

I Discovered the Real Reason My Son Was Struggling After Moving in With His Dad

When Mason decided to live with his father after the divorce, I tried to honor his choice, hoping the change would help rebuild the relationship he desperately…

For 12 Years, My Husband Took a Weeklong Vacation with His Family Without Me

For 12 years, my husband Michael went on the same vacation at the same time every year. One full week away. Same month. Same season. Same vague…

My Husband Asked Me through Tears to Be Mom to One of the Twins He Had with His Late Mistress

A Reddit user, a 29-year-old woman married to a 44-year-old pastor, shared a shocking revelation about her husband’s affair and the subsequent manipulation. He tearfully confessed to…