DineEquity to cut 100 jobs, IHOP president to step down

DineEquity to cut 100 jobs, IHOP president to step down

DineEquity Inc. on Tuesday announced that Jean Birch, president of the IHOP chain, will step down effective Aug. 27, and the company will cut about 100 jobs as it moves to a more efficient franchising model.

The company said it expects to generate about $10 million to $12 million in annualized savings as it shifts to a more efficient shared services platform between its IHOP and Applebee's brands, which will include a headcount reduction.

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