3% of restaurant operators have already permanently closed

March 28, 2020 in News by RBN Staff

source: www.investmentwatchblog.com

Stacey@iamstacetheace

3% of restaurant operators have already closed permanently per research from the National Restaurant Association
– 11% anticipate going out of business within 30 days
– 44% are temporarily closedhttps://www.restaurant.org/Articles/News/Study-details-impact-of-coronavirus-on-restaurants 

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Matt Stoller

@matthewstoller

This announcement of layoffs by United Airlines came literally a few hours after they got $25B in grants from the government so they wouldn’t have to lay anyone off.

Congress is full of a bunch of fucking morons. https://twitter.com/matthewstoller/status/1243625495331328001 

Matt Stoller

@matthewstoller

United Airlines announces layoffs. https://www.cnbc.com/2020/03/27/corovanirus-fallout-united-airlines-warns-aid-isnt-enough-to-avoid-workforce-cuts.html 

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