March 28, 2018 05:02 PM
Buffalo Wild Wings plans to lay off 132 employees from its Minneapolis headquarters, the company said in a letter to the state Tuesday.
The layoffs result from the acquisition of the chain by Arby's Restaurant Group, according to the letter, addressed to officials at the state Department of Employment and Economic Development.
The company says the terminations are expected to be permanent, but that "many affected employees will be offered employment" in Atlanta.
The affected employees have been notified, according to the letter. None of the employees are represented by a union.
A DEED official says the layoffs will begin in May and occur over about 11 phases ending in January, 2019. The first phase is expected to begin on May 27.
Arby's acquired the wing chain earlier this year in a deal valued at around $2.9 billion.
Buffalo Wild Wings is now a privately-held subsidiary of Arby's Restaurant Group and will continue to operate as an independent brand.
Arby's Restaurant Group is a majority-owned affiliate of Roark Capital Group and is based in Atlanta.
Updated: March 28, 2018 05:02 PM
Created: March 28, 2018 02:05 PM
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