DUBLIN, Ohio — Wendy’s announced a restructuring of its information technology department this week, the company said in a statement.
According to a report provided by Wendy’s that it filed with the Securities and Exchange Commission, “the company expects to incur total costs of approximately $13 to $15 million related to the realignment plan.”
Wendy’s said that total includes around $8 million to $9 million of “severance and related employee costs.”
The company said the impact will be most felt at its restaurant support center in Dublin, Ohio.
The company’s media relations staff said they are not sharing a number for how many employees are affected.
The filing also said Wendy’s “expects that the realignment plan will reduce certain employee compensation and other related costs that the Company intends to reinvest back into IT to drive additional capabilities and capacity across all of its technology platforms”
“On Monday, we announced a restructuring of our Restaurant Technology, Enterprise Technology and Information Security organizations and an expanded partnership with a global technology consultant, which are intended to create a best-in-class technology organization that sets the Wendy’s system up for success in the next 50 years,” a company spokesperson said in a statement.
