Zagat Throws Fancy Dinners, Cans Nineteen Workers; ‘Time Out’ in Trouble

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During the next two months, Zagat will team up with some of the city’s priciest restaurants (Le Bernardin, Per Se, Le Cirque, etc.) to throw “vintage dinners” in which nineteenth-century dishes will be featured on a prix fixe menu (“think huge flambés, meat spinning on a spit, etc.,” reads the release). But if Zagat is reveling in luxury on the outside, it’s hurting on the inside. PaidContent reports: “Restaurant guide Zagat has laid off 19 staffers, or about 14 percent of its 130-person workforce, a company rep said, confirming an earlier tip to paidContent. The cuts, which were made across all departments, were blamed on the recession.” In other unhappy news, Time Out, which has considerably amped up its food coverage of late, is up for sale.

Cancel That Reservation: Restaurant Reviewer Zagat Lays Off 19 [paidContent via Eater]
Time Out Seeks Investors for Long-Term Relationship [Times of London via Gawker]