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Fearless

(18,458 posts)

25. I work for a restuarant chain that was recently taken over by a capital group

Sat May 17, 2014, 02:32 AM

May 2014

Good luck. Even if the brand survives, it will be mercilessly penny-pinched. I pity those who work there. Their jobs are about to become considerably more difficult. These capital groups only look at people as numbers and how much they can squeeze out of each one of them. They are not interested in long term viability, just short term gain, so they can in turn sell of the company for a hefty profit. Failing that, dismantle it and make a bundle that way.

Good luck.

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Restaurant chain announces sale of Red Lobster [View all] TexasTowelie May 2014 OP

Now it'll truly be Dead Lobster. geardaddy May 2014 #1

I haven't had Red Lobster or Olive Garden money House of Roberts May 2014 #2

Exactly. They have supported cutting much of our income and still think we are going to be able to jwirr May 2014 #3

I have been to Olive Garden once in my life, murielm99 May 2014 #13

I visited the Red Lobster once, and the Olive garden once... yuiyoshida May 2014 #27

Wow, that's a great menu. Major Hogwash May 2014 #32

They don't even have one in New Orleans KamaAina May 2014 #50

I haven't visited either chain for years now. Their food is tasteless muck. rupertps8or28 May 2014 #31

+1, I agree, etc. eom uppityperson May 2014 #33

I believe Olive Garden is very supportive of Democrats yeoman6987 May 2014 #61

I haven't been to Red Lobster since the '80s. OG since the last century. HuckleB May 2014 #36

I went to Olive Garden on my birthday yeoman6987 May 2014 #60

Darden Fred Gilmore May 2014 #4

Corporate greed = Standard Operating Procedure n/t DeSwiss May 2014 #17

Golden Gate Capital ... GeorgeGist May 2014 #5

I'll guess the customer loss is due to � CRAPPY FOOD! Auggie May 2014 #6

mediocre food and a crappy economy... awoke_in_2003 May 2014 #20

When I was ten, I thought that Red Lobster was the ultimate cuisine. onehandle May 2014 #7

Red Lobster blkmusclmachine May 2014 #8

Darden is horrible to its workers Ash_F May 2014 #9

Yup geomon666 May 2014 #22

Message auto-removed Name removed May 2014 #10

Cheddar bay biscuits... Yum. Agschmid May 2014 #12

You can make them yourself... QED May 2014 #23

Ugh. KamaAina May 2014 #51

Well, here in New England MissMillie May 2014 #14

Those biscuits tho... Agschmid May 2014 #15

my first assignment NJCher May 2014 #16

Well, I never would threaten to bomb them MissMillie May 2014 #46

box restaurants trying to be indigenous NJCher May 2014 #47

"If it isn't fresh, it isn't Legal." KamaAina May 2014 #52

Yawn! americannightmare May 2014 #11

I've never liked chain restaurants stillcool May 2014 #18

I've been to both restaraunts a few times over the years and the food is mackerel May 2014 #19

That wasn't my experience IDemo May 2014 #37

I knew times had changed at Red Lobster when.... LovingA2andMI May 2014 #21

Make the biscuits at home. greatlaurel May 2014 #24

I work for a restuarant chain that was recently taken over by a capital group Fearless May 2014 #25

marketing their cheddar bay biscuits hopemountain May 2014 #26

Hope the food stays the same Reter May 2014 #28

There's a Red Lobster about 5 minutes away from me. ohnoyoudidnt May 2014 #29

They'd shore up their business with a draw-back. Chan790 May 2014 #30

Bad example, Chan... jmowreader May 2014 #44

I mean like Famous Dave's, Dickey's, Damon's or Tony Roma. Chan790 May 2014 #45

Based on all the issues that surround over fishing and contamination of seafood Lodestar May 2014 #34

They all suck, though Panera is tolerable. HuckleB May 2014 #35

Chipotle is flavorless but my kids worship it. I do like Panera though sometimes I go in just for mackerel May 2014 #38

Chipotle for over-priced burritos with no Chipotle in them... JCMach1 May 2014 #39

And ten times the flavor! HuckleB May 2014 #40

YEP... JCMach1 May 2014 #42

Chipotle is Taco Bell with a "modern vibe" for hipster wanna-be's. Xithras May 2014 #49

I find Panera hard to chew liberal N proud May 2014 #55

ask for different bread, then grasswire May 2014 #59

Still expensive subs liberal N proud May 2014 #65

chain restaurants depend on agribiz and horrible treatment of animals wordpix May 2014 #62

Local is good for the local economy. HuckleB May 2014 #64

Supposedly it was the value of the real estate where the restaurants as opposed to their quality Yo_Mama_Been_Loggin May 2014 #41

Yes this is a bargain basement buy underpants May 2014 #56

Haven't had Red Lobster in over 10 years mvd May 2014 #43

The Middle Class cannot afford to eat out any more. The Stranger May 2014 #48

Another example of holding company destruction liberal N proud May 2014 #53

In New England, we can get fresh seafood easily. Dawson Leery May 2014 #54

yes but have you noticed the size of fish like cod? They're babies wordpix May 2014 #63

so, the assets will be looted.... grasswire May 2014 #57

In Iowa our seafood options are limited exboyfil May 2014 #58

I've never been disappointed at Olive Garden. SevenSixtyTwo May 2014 #66