TORONTO — Tim Hortons says about 350 employees lost their jobs this week in layoffs across its organization, focused mainly at its headquarters and regional offices.
A spokeswoman for the company told The Canadian Press that all affected employees have been notified and the layoffs remain within commitments made to Industry Canada to maintain certain job levels.
The company has a total of 2,300 employees at its headquarters, regional offices and distribution centres across the country.
Tim Hortons merged with Burger King under Restaurant Brands International (TSX:QSR) late last year, and the company's new owner was widely expected to cut staff.
Part of Ottawa's stipulations on the merger required the company to maintain staff levels at its franchised restaurants for five years.
Employees at its offices were not protected under that agreement, though the company plans to maintain its headquarters in Oakville, Ont.
Tim Hortons has five warehouse distribution centres, in Calgary; Guelph and Kingston, Ont.; Debert, N.S.; and Aldergrove, B.C.
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