CraftWorks Holdings: Old Chicago, Gordon Biersch parent cuts 18,000 furloughed workers

In another blow to the nation's struggling restaurant industry, the parent company of Old Chicago, Gordon Biersch and Logan's Roadhouse has terminated nearly all of its 18,000 employees - including those in Louisville. Last month, CraftWorks Holdings LLC filed for Chapter 11 bankruptcy protection, keeping its remaining 261 corporate-owned restaurants open. But when the coronavirus pandemic hit, the company's lender withdrew financing that would keep its restaurants operational, according to a...