My Favorite Steak Restaurant Is Closing All 261 Of Its Locations

In a drastic bid to weather the storm, Logan’s Roadhouse has laid off its entire workforce and is preparing to shutter 261 of its locations. While many restaurants have pivoted to offer takeout and delivery, Logan’s chose to cut its losses by eliminating its payroll, leaving many without jobs during one of the most severe economic downturns in American history. Interestingly, Logan’s Roadhouse shares its parent company with Old Chicago, and this conglomerate opted to furlough its employees and strip them of their healthcare benefits precisely when they needed them most.

Notably, the company not only abandoned its employees during this health and economic crisis but also ousted its CEO, Hazem Ouf, for financial improprieties. Ouf redirected $7 million in sales taxes to states where the company operated, an action for which he lacked proper authorization.

Shortly after Ouf’s dismissal, CraftWorks Holdings, the parent company, proceeded to lay off its employees, effectively “mothballing” all 261 of its locations due to purported financial constraints. Regrettably, the company did not provide its employees with clear communication regarding the permanence of their job losses, causing some to hold onto hope that they might return to work after the initial wave of the COVID-19 pandemic subsided.

Even before the pandemic, the company had been grappling with financial difficulties and had filed for Chapter 11 bankruptcy, a situation exacerbated by the economic challenges during the latter part of the Trump administration.

Following Ouf’s termination, Marc Buehler stepped in as the new CEO and swiftly moved to terminate employees and terminate their healthcare benefits. Consequently, many of these employees turned to Obamacare for accessible health insurance during these trying times.

Approximately 18,000 employees at Logan’s Roadhouse were abruptly let go due to the company’s mismanagement and lack of contingency plans. The leadership appeared to prioritize their own financial interests above their workforce.

Despite the abandonment experienced by their employees, the company did provide a glimmer of hope through a program called “The HOPE Program” and “Logan’s Love,” managed by the CraftWorks Foundation. This program aims to assist current or former employees who find themselves in crisis situations, offering some relief during these challenging times.

The question remains: Should companies prioritize supporting their workers in times of crisis, or should they solely focus on their bottom line during economic upheaval?

Related Posts

Heartbreaking last words from father killed in shark attack

The chances of being attacked by a shark are tiny. But when it does happen, the outcome is often tragic. This spring, an Israeli father of four…

Police reveal chilling detail as hunt for dad continues after three daughters found dead

The hunt continues for Travis Decker, the father accused of murdering and kidnapping his three daughters earlier this June. Now, police have released chilling new details from…

Why is Donald Trump so orange? An expert thinks she has the answer

Donald Trump’s strikingly orange face has always raised eyebrows — but now, new theories are surfacing that could finally explain the mystery… ”Why is no one covering…

Social media star John Crawley AKA ‘KingBeardX’ dead at 47

With the right personality and delivery, anyone can break through on social media — and TikTok star John Crawley was living proof of that. Known for his…

Former Miss Universe, 30, dies in shock head-on collision with moose

Kseniya Alexandrova, a Russian model and television personality who gained international recognition as a contestant in the 2017 Miss Universe competition, has died at the age of…

BREAKING: Ghislaine Maxwell Just Spilled Everything About Epstein’s ‘Client List’

Interviews with Deputy Attorney General Todd Blanche: Ghislaine Maxwell, currently serving a 20-year sentence for s*x trafficking minors, was interviewed by Deputy Attorney General Todd Blanche over…