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GZERO Media videos bring you the latest news and analysis about global news and geopolitics, including our television program "GZERO World with Ian Bremmer" and political satire series "Puppet Regime."

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Danny Meyer: coronavirus impacts on his restaurants and no-tip workers play icon

Danny Meyer: coronavirus impacts on his restaurants and no-tip workers

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coronavirus danny meyer

While the COVID-19 pandemic has had a devastating economic impact globally, few industries have been as hard hit as restaurants and hospitality. In the U.S. alone, losses north of $225 billion are projected over the next three months.

This week, GZERO World with Ian Bremmer is focusing on this story and what it means for businesses and employees alike. Ian interviewed famed restaurateur Danny Meyer, the CEO of Union Square Hospitality Group and founder of Shake Shack. In a candid and detailed conversation, Meyer discusses the toll coronavirus has taken on his own business, his decision to let go 80% of his workforce (2000 employees) and the dimming prospects of survival for many restaurants in America, including some of his own.

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