Yum! Brands offers retirement buyouts

Yum! Brands –the Louisville conglomerate over KFC, Pizza Hut and Taco Bell – is downsizing.

A Yum spokeswoman confirmed Saturday that the company is offering some employees retirement buyouts.

"In anticipation of the separation of our China business and as the new Yum! becomes a more highly franchised and efficient company as previously disclosed, we’re offering a comprehensive voluntary retirement program to eligible employees at our three Restaurant Support Centers in the U.S.," company spokeswoman Virginia Ferguson said Saturday.

Yum employs 1,000 people at its Louisville Restaurant Service. Company workers for Pizza Hut and Taco Bell are based in Dallas, Texas, and Irvine, Calif., respectively.

Read more: http://www.courier-journal.com/story/money/companies/2016/08/20/yum-brands-offers-retirement-buyouts/89048284/