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Stock impact report

Operations expected to continue at Stone Mountain Park despite layoffs, new operators say [CBS News]

Aramark (ARMK) 
Last aramark earnings: 2/4 06:30 am Check Earnings Report
Company Research Source: CBS News
Earlier this week, a notice was posted on Georgia's WARN Act database showing 497 employees would be laid off come June 1. According to Aramark Destinations, on March 30, the Stone Mountain Memorial Association announced it had selected one of its subsidiaries, Stone Mountain Hospitality LLC, as the next operator of the park. It's not clear if the transition in park operations is related to the layoffs, but Aramark said people will be able to reapply for jobs with Aramark Destinations. Jonathan Hartnett owns Cherokee Rose and Live Oak Restaurant and Tap in Stone Mountain Village and was concerned about how the layoffs might impact the local economy. "There's just so much unknown, so much uncertainty," Harnett said. "Currently, it's not a good thing to lose here, but you know we're not sure how it's going to go." Aramark Destinations sent CBS News Atlanta a statement on Friday saying: The Stone Mountain Memorial Association announced on March 30, 2026, that it has selected Show less Read more
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