Tuesday, April 21, 2020

CEO: Laying Off Employees Is Doing Them A Favor

"The billionaire owner of the Landry’s restaurant empire told Fox News that his move to swiftly furlough almost all of his 45,000 employees was a “favor” that would help them get unemployment quicker. 

Tilman Fertitta, whose portfolio includes ownership of the NBA’s Houston Rockets, as well as Las Vegas’ Golden Nugget casino and nation franchise chains like Joe’s Crab Shack , told Ingraham Angle guest host Brian Kilmeade that laying off workers as soon as possible was a lesson he learned after having survived several recessions. 

Fertitta’s latest net worth is estimated by Forbes to be $4.8 billion, making him the 44th richest person in the world. 

“The pandemic has affected everyone,” Kilmeade said by way of introducing Fertitta. “All of you watching, all of your friends, all of your family, all of your neighbors. But I could argue that maybe no one has been affected as holistically as my next guest.”* 

Hosts: Ana Kasparian, Cenk Uygur Cast: Ana Kasparian, Cenk Uygur



https://www.mediaite.com/news/billionaire-restaurant-ceo-tells-fox-news-he-did-his-45000-employees-a-favor-by-furloughing-them-so-quickly/ 

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