Can Taco Bell rebound with new products in 2012?
Taco Bell has cut 105 jobs across the nation and at its Irvine headquarters, company officials have confirmed.
Thirty jobs eliminated were open, but unfilled positions, while 75 were layoffs, company spokesman Rob Poetsch said.
Job cuts, made last week, were scattered throughout the company — from “in the field” positions to “strategic” layoffs at Taco Bell’s corporate offices in Irvine.
In a prepared statement released Saturday to The Register, Taco Bell Chief executive Greg Creed said: ”To win in this increasingly competitive marketplace, we’ve made the difficult but necessary decision to make some structural changes. We’re committed to doing fewer things better, becoming more nimble, and providing our customers a better and more relevant Taco Bell.”
Poetsch said all divisions were impacted by the cuts, except for food innovation and technology departments.
Taco Bell is ”doing everything possible to ease the transition of those impacted, including generous severance, outplacement and financial planning services and continuation of medical benefits,” he added.
The layoffs come as Taco Bell, a division of Yum Brands, poises for a turnaround in 2012. The Mexican fast-food chain has blamed Read More from the Article Source: Full Article
