Economy

Taco Bell cuts 105 jobs

November 22, 2011   ·   0 Comments

November 22, 2011 (www.hospitalitybusinessnews.com) According to the Orange County Register, Taco Bell has cut 105 jobs across the nation and at its Irvine headquarters.

According to company spokesman Rob Poetsch of the positions eliminated 30 were unfilled while 75 resulted from layoffs.

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 that other than I.T. and food innovation all divisions were affected by the cuts. He went on to tell the Register that 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.

Taco Bell was hard hit earlier this year by a class action lawsuit which questioned the content of the beef used in their tacos. In the last quarter revenues delined and in August of this year Taco Bell’s Chief Marketing Officer resigned 

By erichertha

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