Logan’s Roadhouse, facing financial turmoil, decided to close 261 locations and terminate all employees instead of trying to stay afloat during the economic collapse. The parent company, CraftWorks Holdings, also owns Old Chicago and opted to furlough employees without healthcare benefits during the pandemic.
Additionally, CEO Hazem Ouf was fired for mishandling funds, diverting $7 million in sales taxes without approval. Following Ouf’s dismissal, CraftWorks Holdings proceeded to shut down all locations, leaving employees unaware of the permanency of their job loss.
Prior to the pandemic, the company was already struggling and had filed for bankruptcy. The new CEO, Marc Buehler, swiftly terminated employees and ended their healthcare benefits, leaving them without coverage during the crisis.
As a result, affected employees are left to seek alternative healthcare options, such as Obamacare, amidst the uncertainty created by their sudden job loss and lack of healthcare benefits.
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