Once a blue chip restaurant whose cups ran over, Hooters faces major shakeups after mounting economic turmoil. The move is intended to nip further losses in the bud before the company goes tits-up. “It’s important in these tight times that we keep a stiff upper lip so that when we make it to through, a sense of pride will cause our chests to swell,” said a company rep on Monday. We will keep you abreast of further developments.