March 3, 2010

Garduno Effort Falters

Garduno’s has had it share of problems lately. The Albuquerque Mexican restaurant has had issues with tax payments to the State of New Mexico, lost its lease on a location at Balloon Fiesta Park and has had very public issues with an alleged embezzlement by a former employee.

On Sunday, the news stories started that the eatery was going to restructure. On Monday, they announced three of their five stores would close and that the company was going to seek protection from creditors by declaring bankruptcy. In the wake of the announcement, 100 jobs, uninformed employees and bewildered customers.

This was a text book case of how not to make this kind of announcement