Fast food company Yum Brands Inc. says it will eliminate several hundred jobs and shift a couple hundred more as part of a restructuring of its U.S. business.
Yum spokesman Jonathan Blum said today that several hundred jobs will be eliminated in Louisville, Ky., as well as at Taco Bell's headquarters in Irvine, Calif., and at Pizza Hut's headquarters in Dallas.
Blum said a couple hundred more positions are being shifted from Yum's corporate headquarters in Louisville to the company's brands.
Yum's brands also include KFC, Long John Silver's and A&W.
Blum says the restructuring is part of Yum's strategy to sell more company-owned stores to franchisees. He said employees were notified of the changes Tuesday and Wednesday.
Yum operates all five brands throughout Colorado, and has more than 35,000 restaurants in more than 110 countries and territories.
KKTV firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKTV 11 News.
If you believe that any of the comments on our site are inappropriate or offensive, please tell us by clicking “Report Abuse” and answering the questions that follow. We will review any reported comments promptly.powered by Disqus
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.