Maison Kayser lays off 708 employees

Bakery chain was reportedly planning to exit the New York market

TRD New York /
Sep.September 09, 2020 05:30 PM
The staff had been placed on temporary leave in March and April (Photos via iStock; Maison Kayser)

The staff had been placed on temporary leave in March and April (Photos via iStock; Maison Kayser)

Employees of Maison Kayser will be forced to put their bread-baking days behind them.

The French bakery — founded by Eric Kayser in 1996 — has laid off 708 employees in New York City, according to a Sept. 4 filing with the Department of Labor. The staff had been placed on temporary leave in March and April.

In July, it was reported that the chain would exit the New York market by closing 15 locations in Manhattan and one in Downtown Brooklyn. However, in a statement, the company called the report “speculative and inaccurate.”

But in its recent notice, Maison Kayser said unforeseeable business circumstances prompted by Covid-19 led to the layoffs.

It is unknown if the 708 employees involved in the layoffs are all the company’s New York employees. A spokesperson was not immediately available to comment.

The bakery chain’s problems may have predated the coronavirus. Last August, Maison Kayser announced the closing of two Washington, D.C. locations after just 17 months of opening.

The nation’s food-and-beverage industry has recovered 3.6 million workers over the last four months, adding back 134,000 jobs in August, according to the latest Department of Labor figures. Still, the sector is currently employing 2.5 million fewer people than in February.

Rental relief programs are running out, and restaurants are by and large struggling to bring in revenue with limited dining capacity. In New York City, a recent survey found that almost two-thirds of restaurants expect to be out of business before the end of the year.






Related Articles

arrow_forward_ios
CEO Mark Tritton and 410 East 61st Street (Getty, Google Maps)

Bed Bath & Beyond will permanently close UES store

Bed Bath & Beyond will permanently close UES store
Councilwoman Carlina Rivera (Getty, iStock)

City Council extends restaurant, retailer lease protections

City Council extends restaurant, retailer lease protections
Burlington CEO Michael Sullivan and 2163 Tilden Avenue (Burlington via Facebook; Google Maps)

Burlington Coat Factory inks big lease in Brooklyn

Burlington Coat Factory inks big lease in Brooklyn
(iStock)

Laughing matters: Comedy club owners call for reopening

Laughing matters: Comedy club owners call for reopening
NYC Hospitality Alliance’s Andrew Rigie and Mayor de Blasio (Hospitality Alliance; Getty; iStock)

City can’t afford to bail out restaurants: de Blasio

City can’t afford to bail out restaurants: de Blasio
Council members Antonio Reynoso and Keith Powers (Twitter, NY City Council, Getty)

City Council proposes bill to expand outdoor dining permanently

City Council proposes bill to expand outdoor dining permanently
From left: Michael Fuchs, Aby Rosen, Brandon Singer and Michael Cody (Getty, iStock)

Aby Rosen, Michael Fuchs back new retail brokerage

Aby Rosen, Michael Fuchs back new retail brokerage
Matt Salem, KKR head of real-estate credit (Getty; KKR)

Hotel and retail mortgages dragging down recovery

Hotel and retail mortgages dragging down recovery
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...