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Dot-Com Downturn Hurts Restaurants Too
from the i-haven't-cooked-in-three-years dept
For the past few years, tons of trendy, expensive restaurants have been popping up all over San Francisco, but now the dot-com downturn is affecting them as well. This is really bad news for any laid off folks who are trying to get jobs as waiters.
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dot com hurts restaurants
I have been talking to restauranteurs who confirm this situation in San Francisco. First dot com startups such as WebVan, OpenTable, RestaurantPro and Instill take away their hourly and salaried workers. Then WebVan goes under, others go under, and the labor situation looks better. However now there is no business.
-Clouser
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