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 Wednesday that several hundred jobs will be eliminated in Louisville 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.
Blum said the restructuring is part of Yum's strategy to sell more company-owned stores to franchisees.
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He said employees were notified of the changes Tuesday and Wednesday.
In a statement released Wednesday the company said the eliminated positions: "Will enable us to operate more efficiently to improve our cost structure. We are doing all we can to help affected employees through this difficult transition."
Yum's brands also include KFC, Long John Silver's and A&W All-American Food.