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Layoffs and Closures
The cuts and shutdowns.
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Latest in Layoffs and Closures
Wendy’s Files $146.9 Million Claim Against Meritage as Closures Accelerate
1+ day, 11+ hour ago (337+ words) Wendy’s International has filed a claim totaling $146.9 million against bankrupt franchisee Meritage Hospitality Group, as 10 of Meritage’s restaurants have permanently closed since the September 17 Chapter 11 filing. At the heart of the dispute is a franchise termination notice that Wendy’s sent…...
True Food Kitchen Initiates Voluntary Chapter 11 Proceedings
1+ day, 12+ hour ago (284+ words) True Food Kitchen and certain affiliates have filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas. The company intends to use the Chapter 11 process to strengthen its financial…...
'I gave myself a chance': Man quits his Rs 25 lakh corporate job start e-commerce business, earns Rs 48,000 in first month
1+ day, 17+ hour ago (494+ words) A man earning a high-paying job decided to leave behind his stable corporate career and take a gamble on entrepreneurship. Kamal Tolani quit his Rs 25 LPA corporate job about a month ago to start his own e-commerce business. Now, after…...
Luis Silberwasser out at TNT Sports as CBS’s David Berson takes over Skydance’s combined sports group
1+ day, 22+ hour ago (146+ words) The long-anticipated marriage of CBS Sports and TNT Sports now has a clear head of household, and it won’t be Luis Silberwasser. With the merger set to close Tuesday, Berson’s first major task will be deciding where each property belongs,…...
Bosses Are Firing Remote Workers Left and Right (And Honestly, We See Why)
2+ day, 6+ hour ago (861+ words) Why are fully remote workers more exposed when companies cut jobs? Fully remote jobs are getting harder to keep. Employers are ordering staff back to the office, consolidating teams, and limiting remote positions, and fully remote employees can be the…...
Arizona-Based Health-Focused Restaurant Chain Files Chapter 11 Bankruptcy
2+ day, 8+ hour ago (493+ words) True Food Kitchen Parent, LLC has filed for Chapter 11 bankruptcy protection. According to a recent press release, the Phoenix-based restaurant chain plans to restructure its business and seek a long-term partner. As part of the restructuring, the company closed 12 restaurants,…...
True Food Kitchen Initiates Voluntary Chapter 11 Proceedings to Position Business for Long-Term Success
2+ day, 16+ hour ago (368+ words) Oct 05, 2026, 00:24 ET 34 Restaurants Across the Country Remain Open and Serving Guests SCOTTSDALE, Ariz., Oct. 5, 2026 /PRNewswire/ -- True Food Kitchen (the "Company") today announced that it and certain affiliates have filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in…...
McKinsey says AI will create more US jobs than it cuts, but 11 million workers may need new careers
4+ day, 12+ hour ago (482+ words) The McKinsey Global Institute expects a net gain in jobs by 2035, but moving displaced workers into new occupations is the hard part The robots are coming for some jobs. According to a new forecast, they are also bringing a few…...
Local ownership reaches deal to reopen 3 more Beef-a-Roo locations
4+ day, 22+ hour ago (671+ words) ROCKFORD — The local team that’s reviving the Beef-a-Roo brand has reached a deal to reopen three additional locations, and they’ve hired a former executive from Beef-a-Roo’s past to help lead the comeback. Alex and Paityn Edwards, the co-owners of Candy…...
MOTM Correction: Local Wendy’s NOT a part of Meritage bankruptcy proceedings
5+ day, 2+ hour ago (164+ words) Moody on the Market MOTM Correction: Local Wendy’s NOT a part of Meritage bankruptcy proceedings MoodyOnTheMarket.com would like to correct and clarify the status of local area SW Michigan Wendy’s restaurants in regard to the continuing story of major…...