Any hope of salvaging something from the spectacular mess that was Doughnut Time is now gone for good, with the company going into liquidation and closing all remaining stores, leaving behind a staggering sum of $200,000 in wages owed to ex-employees.
Last week the company was thrown into utter chaos, with over half its stores abruptly closing amid a financial crisis that saw company founder Damian Griffiths attempt to hastily sell the business off to CEO Dan Strachotta in a bid to avoid serious legal calamity over a string of complaints to Fair Work made by employees.
Despite promises from Strachotta that he would buy the company and turn it around, its been revealed that the sale fell through at the last minute and, as a result, the co…
Read the full article at: https://www.pedestrian.tv/news/doughnut-time-is-done-finished-kaput/