Logan’s Roadhouse Closes 261 Locations & Fires Thousands of Employees
As the Coronavirus continues to spread, many restaurants have been forced to close their doors in an attempt to help “flatten the curve”. This has left many restaurant owners no other option but to furlough or fire their employees. 😞
Logan’s Roadhouse is the latest to shut its doors. The restaurant’s parent company, CraftWorks Holdings, filed for bankruptcy back in early March and had been working hard to keep to-go options available as the majority of their workers were furloughed. However, one of their lenders recently withdrew financing due to the unprecedented circumstances of COVID-19, and they have now chosen to close all 261 of their locations. Nearly all of their 18,000 furloughed employees have been terminated. 😥
Note that a few restaurant franchise locations remain open, but the 261 closed locations are shut down indefinitely, if not permanently.