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

These are the consequences of sleeping with a… See more

It started as a lighthearted joke between friends, but what unfolded left everyone speechless. A young woman shared her story online, warning others after facing unexpected consequences…

If this tree grows near you, you’re sitting on gold and don’t even know it! Most people don’t

Often overlooked as just another shade tree, the honey locust tree quietly holds a long history of practical uses and natural benefits. Native to North America, this…

A 8-Year-Old Girl Calls 911 and Says, ‘It Was My Dad and His Friend… Please

The sunlight filtered through the sparse trees lining the street, casting fragmented shadows onto the sidewalk. Maple Street was a quiet neighborhood, where everyone knew everyone, and…

“Get out, you filth! Take your diseases elsewhere!” The waiter screamed at the soaked children. The millionaire froze when he saw the street girl clinging to two shivering babies. She didn’t beg for money; she looked up at him and whispered through tears: “Will you keep one? Please… I can’t save them both.” Instead of turning away, he stood up and silenced the room with five words.

PART 1: THE INVISIBLE CITY The drizzle had started again, thin and icy like needles on her skin. It was the kind of rain that soaked through…

My son-in-law’s family thought it was “funny” to shove my daughter into the icy lake.

As the helicopter’s rotor blades slowly whirled to a halt, the gravity of the situation seemed to settle over the lake like a heavy fog. The laughter…

After I Gave Birth To My Kid Alone, My Mom Wrote “I Need $2,6K For New iPhones For Your Sisters Kids

My newborn daughter was asleep in my arms. $2,600. For iPhones. From the same mother who hadn’t called me once during my entire pregnancy. The same woman…