IHOP to Reorganize Operations, Cut Workforce

1 min read
Opinions expressed by Entrepreneur contributors are their own.

Glendale, California--IHOP Corp. is restructuring its operations and will cut its corporate staff by 15 percent. The company said it will separate management of franchised and company-owned restaurants and provide more support to restaurant operators. IHOP also announced it is cutting 40 positions from its corporate staff, and estimated the restructuring plan will lead to cost reductions of about $3 million a year. -Reuters

More from Entrepreneur

Kathleen, Founder and CEO of Grayce & Co, a media and marketing consultancy, can help you develop a brand strategy, build marketing campaigns and learn how to balance work and life.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Starting, buying, or growing your small business shouldn’t be hard. Guidant Financial works to make financing easy for current and aspiring small business owners by providing custom funding solutions, financing education, and more.

Latest on Entrepreneur