0 Comments
Los Angeles Times: Yum Brands Inc., parent company of KFC, Taco Bell, Long John Silver's, A&W and Pizza Hut, has announced it will eliminate several hundred jobs and shift several hundred more as part of a restructuring of its sluggish U.S. business.
 
The restructuring is part of Yum's strategy to sell more company-owned stores to franchisees, spokesman Jonathan Blum said. Yum's third-quarter U.S. operating profit fell 16 percent, due to surging commodity prices and lagging KFC sales.
 
Yum shares fell 53 cents to $25.34 in afternoon trading Nov 12.
 

Related Content

Reader Comments

Add a Comment

We welcome your thoughtful comments. All comments will display your real name.

Want to participate in the discussion?

Or log in for complete access.

  • Clear
  • Post
Be the first to post a comment for this story.

Features

Sponsored by:

News

Blogs

User Comments

Products & Services

SUR40: 40" Touch Table with Microsoft® Surface®

http://global.networldalliance.com/new/images/products/4850.png

4850/SUR40-40-Touch-Table-with-Microsoft-Surface

On-Demand Digital Print Center

http://global.networldalliance.com/new/images/products/4496.png

4496/On-Demand-Digital-Print-Center

Hiring

http://global.networldalliance.com/new/images/products/1860.png

1860/Hiring

DriverSafe

http://global.networldalliance.com/new/images/products/keyboard_iix.gif

1424/DriverSafe

LG M5520CCBA - 55" class (54.6" measured diagonally)

http://global.networldalliance.com/new/images/products/4308.png

4308/LG-M5520CCBA-55-class-54-6-measured-diagonally

Digital Signage PC Solution with Maximum Flexibility

http://global.networldalliance.com/new/images/products/philipsicon.jpg

4011/Digital-Signage-PC-Solution-with-Maximum-Flexibility

ChowNow Tablet

http://global.networldalliance.com/new/images/products/4989.png

4989/ChowNow-Tablet

Philips Video Walls

http://global.networldalliance.com/new/images/products/4174.png

4174/Philips-Video-Walls

Digital Signage

http://global.networldalliance.com/new/images/products/4756.png

4756/Digital-Signage

Social

http://global.networldalliance.com/new/images/products/4761.png

4761/Social

Foodservice Social Media Universe
Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.
Infographic: Top 12 Benefits of Digital Menu Boards