Layoffs At Quiznos Double

Denver Post:

Layoffs at Quiznos are more extensive than the company revealed recently, affecting dozens of midlevel managers across the country, according to people familiar with the cuts.

The layoffs — approaching 140 people, half from the company’s headquarters in downtown Denver — are part of a larger economic scale-back that comes just months after a new management team was named to run the sub-sandwich chain, several sources said.

Quiznos officials would not confirm the details but generally said any cutbacks were the result of “a slow economy” and a desire to “reduce corporate expense,” according to a statement e-mailed Wednesday to The Denver Post.

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