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?

Related Posts

The Surprising Psychology Behind Mismatched Couples!

Contrast couples, where one partner significantly differs physically from the other, have long intrigued psychologists. At the core, these relationships challenge our inherent biases towards homogamy –…

World’s Thinnest Woman Receives Fan Mail to Be Like Her

Valeria Levitin, the world’s thinnest woman, bravely confronts the dark allure of extreme thinness. Despite her emaciated state, she refuses to glorify her condition, cautioning against aspiring…

Farmer Needs Prayers After Life Threatening Injury

Somai’s carelessness could have cost him dearly- even his life. This is something we can learn from. After doctors were able to remove a massive tumor from…

Kelly Ripa Talks Honestly About Her Issues

The adored “Live with Kelly and Mark” presenter, Kelly Ripa, recently revealed a very intimate detail regarding her choice to begin therapy at the age of forty….

JENNIFER ANNISTON!

Matthew Perry’s recent passing has left a void in the entertainment world, with global mourning and his close friends deeply affected. The 54-year-old actor, renowned for his…

A Powerful Upbringing

Lauren Wasser, a model and activist, has overcome incredible challenges to become a prominent figure in the fashion industry. Despite losing both her legs to Toxic Shock…

Leave a Reply

Your email address will not be published.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