Mon, Dec 22, 2014, 8:36 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Ruth's Hospitality Group Inc. Message Board

  • all4wishes all4wishes Nov 3, 2008 8:28 AM Flag

    Severance of $1.8M

    The severance charge of $1.8M is huge for a company the size of Ruth's.

    If the average employee earns $55k (which is probably high) and gets 3 months severance, that works out to 130 employees.

    Even if you assume some very highly paid execs are included, it still would be about 100 employees severed.

    Ouch. Will this company survive? They are in the middle of a perfect storm.

    I drive by a Ruth's every day in Orlando, I hope it doesn't go vacant.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
RUTH
14.07+0.19(+1.37%)Dec 22 4:00 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Gilead Sciences Inc.
NASDAQMon, Dec 22, 2014 4:00 PM EST
Henry Schein, Inc.
NASDAQMon, Dec 22, 2014 4:00 PM EST
Rite Aid Corporation
NYSEMon, Dec 22, 2014 4:01 PM EST