Texas
Related: About this forumScooter Store says workers now terminated
The Scooter Store has notified furloughed employees they are being terminated.
In an email to workers Tuesday night, CEO Martin Marty Landon told staff they are being permanently laid off effective March 31.
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Larry Young, who is acting as The Scooter Store's chief restructuring officer, said in a statement that the company has three priorities. They are: operating the business and serving customer needs; partnering with its lenders to create a path forward; and creating a sustainable business model for this dynamic healthcare sector.
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Landon said in his email that the company has reached a formal agreement with its lenders to fund core operations while the company develops a viable business model for the healthcare sector.
http://www.mysanantonio.com/business/article/Scooter-Store-says-workers-now-terminated-4369866.php
[font color=green]Hallelujah praise the lawd! The executives finally learned that fraud is not a viable business model.[/font]
Agnosticsherbet
(11,619 posts)Workers who relied on the company for a job have lost their jobs.
Owners and corporate officers, so far, are getting a pass, keeping their money gained through fraud, and evolving their business model to what exactly, find a better way to defraud the country?
That is what tit looks like to me.
Should anyone be arrested or fat cat wealthy investors and corporate officers be charged with anything, I will look at this again.
Up to now, the wealthy are laughing all the way to the bank and the common workers are wondering where their next meal will come from.
TexasTowelie
(112,204 posts)But I agree with the sentiments that you expressed.
BTW, I think it's a typo but did you really mean "that is what tit looks like to me?" You might need to get out more often or at least visit Websites on the .xxx domain!