My Favorite Steak Restaurant Is Closing All 261 Of Its Locations

In a desperate move to stay afloat, Logan’s Roadhouse has fired all employees and is closing 261 locations. Instead of adapting to take-out and delivery, the company opted to cut payroll and benefits amid the economic collapse. Logan’s Roadhouse, part of CraftWorks Holdings, also saw its CEO, Hazem Ouf, fired for misappropriating $7 million in sales taxes.

The company, struggling with Chapter 11 bankruptcy even before the pandemic, now faces criticism for leaving around 18,000 workers without jobs or healthcare during a global crisis. Continues…

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