Burger King Announces Hundreds of Layoffs AHN: "Hundreds of Burger King Corp. employees were blind sided with layoff notices on Monday. The company reduced its personnel by 413 positions in North America and Latin America.
Many of the laid-off employees came from its South Florida headquarters, where 261 people were released.
Police and medical personnel were on hand Monday should the news be too much for any of the terminated employees.
The number two fast food giant was recently sold to 3G Capital of Brazil in a $3.25 billion deal. The layoffs are being touted as part of the company’s organizational restructuring.
Burger King has more than 12,200 restaurants in more than 73 countries. Nearly 90 percent are privately owned and operated franchises.
The layoffs represent a nearly 9 percent reduction of the company's South Florida employee base. Despite the cuts, the company will maintain its headquarters in Miami."
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