other material
confidence high
sentiment negative
materiality 0.65
Bloomin' Brands cuts ~100 support jobs (~17%) in Tampa, expects $22M annual savings
Bloomin' Brands, Inc.
- Workforce reduction of ~100 employees at Restaurant Support Center in Tampa (17% of support center).
- One-time severance costs of ~$7.5M pre-tax, majority in Q1 2025; expected annual savings of ~$22M.
- Lissette Gonzalez named EVP & Chief Commercial Officer; Kelia Bazile promoted to President of Carrabba's Italian Grill.