Krystal laid off 16 employees at its Chattanooga home office with the layoffs reaching seven departments, primarily in real estate, according to Brian Cooley, a spokesman for the fast-food chain.
The layoffs came in response to a slowing economy and dwindling need to continue the aggressive growth strategy the company pursued for the last two years, he said.
“The company is still right-sizing their business, and until the time comes for them to grow as much as they had planned, they will focus on operations and customer service,” Mr. Cooley said.
He noted that Krystal plans to renovate its existing restaurants, and continue to focus on social networking through Facebook and Twitter to build customer loyalty.
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