Quote of the Week: 'Restructuring is difficult…'

"Restructuring is difficult, and we greatly appreciate the contributions of the teammates that have been affected."

—Ruby Tuesday Chairman, President, and CEO James J. Buettgen in a Nov. 20 press release announcing the elimination of 50 jobs at its Maryville headquarters. Last month, the restaurant chain announced net losses of $21.9 million for first quarter fiscal 2014, compared to a net income of $3.1 million the prior year. Buettgen makes over $9 million a year in compensation.

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