Red Robin Gourmet Burgers Inc. (Nasdaq: RRGB) will lay off an unspecified number of workers later this month as the Greenwood Village-based full-service restaurant chain begins the process of transforming itself to meet changing customer needs.
The move comes after Red Robin CEO Denny Marie Post announced late last year that the restaurant will pause new store openings at the end of 2018 to evaluate whether its future lies in further development of sit-down restaurants or in an increased emphasis on take-out and delivery at a time when foot traffic has declined at restaurants across the country for two straight years.
“The casual-dining marketplace has changed dramatically in recent years, and Red Robin’s guests' needs have evolved,” company spokesman Kevin Caulfield said in an e-mail Friday. “To remain a strong and growing restaurant brand, Red Robin’s priorities and choices for where we dedicate resources must also change, so we are resetting our organization for the future of our business and the changes include the elimination of some positions in the field and at the home office.”
The eliminated jobs are both corporate positions and some at the restaurant level, Caulfield said. Some employees will have opportunities to move into other roles with Red Robin.