TGI Fridays Declares Bankruptcy Amid Post-Pandemic Restaurant Industry Turmoil
• 1 min read
TGI Fridays' parent company files for Chapter 11 bankruptcy protection following dramatic reduction in U.S. locations from 237 to 163. The casual dining chain aims to restructure operations while keeping remaining restaurants open, citing COVID-19 impact and increased competition.
Hiring Challenges Persist: Job Market Struggles in Post-Pandemic Era
• 1 min read
A recent study reveals a significant drop in hiring efficiency, with only 41% of job openings filled within six months compared to 80% pre-pandemic. This shift highlights the need for adaptation in hiring strategies and job-seeking approaches.