Domino’s Pizza to Cut 200 Workers in Australia as Net Profit Plunges

Domino’s Pizza to Cut 200 Workers in Australia as Net Profit Plunges
A Domino's Pizza restaurant is seen in Los Angeles, Calif., on July 18, 2018. Lucy Nicholson/Reuters
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Domino’s Pizza will reduce its workforce by 200 people in an effort to restructure amid lower sales and a plunge in net income as the business feels the pang of inflation.

“We expect a number of staff in our support offices in Australia and internationally to leave our business in the coming months after we work through local consultation requirements. We intend to support our team members as best as we can through this process,” Domino’s Pizza CEO and Managing Director Don Meij said on Aug. 23.

Celene Ignacio
Celene Ignacio
Author
Celene Ignacio is a reporter based in Sydney, Australia. She previously worked as a reporter for S&P Global, BusinessWorld Philippines, and The Manila Times.
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