Cracker Barrel cuts 60 workers
LEBANON, Tenn.-Restaurant operator Cracker Barrel Old Country Store Inc. said Friday that it eliminated about 60 jobs as part of a cost-cutting program.
The job cuts included both staff and management positions, and most of the people affected worked at the company’s headquarters in Lebanon, Tenn., Cracker Barrel said.
Cracker Barrel said customers face tough economic conditions and the company expects its costs to rise next year.
The company said it expects to save about $10 million a year on a pretax basis as a result of the job cuts.