DALLAS — Dave & Buster’s Entertainment, the Dallas-headquartered restaurant and arcade chain, announced plans to permanently lay off 229 employees across three North Carolina locations due to the impacts of COVID-19.
The North Carolina Department of Commerce received the notice of the permanent layoffs from Dave & Buster’s per the Worker Adjustment and Retraining Notification (WARN) Act. This law requires employers to provide 60-day advance notice of closings or mass layoffs. Dave & Buster’s layoffs are effective Nov. 8, the filing shows.
[In the notice, the company says the employees had already been furloughed and also notes the locations aren’t closing.]
Out of the four restaurant locations in North Carolina, the company will lay off 92 workers at its Cary location, 79 workers in Winston-Salem and 58 at the Pineville location.
Dave & Buster’s currently operates 105 locations across the U.S. and Canada, according to its website.
Shares of Dave & Buster’s Entertainment Inc. (PLAY) are down 53 percent year-to-date. Shares were last trading up 8 cents near $18.52 on Thursday.
The WARN report is available here.
This story is from the North Carolina Business News Wire, a service of UNC-Chapel Hill’s Hussman School of Journalism and Media