Knoxville — High-level sources within Pilot Flying J confirm to 10News that approximately 50 people are being laid off locally as the company reallocates resources.
Approximately 1,200 people work at the corporate headquarters in West Knoxville.
"As part of our strategic process, internationally respected consulting firm Deloitte recently created an analysis of our business as we embark on exciting new initiatives and areas of growth," Pilot Flying J President Ken Parent said in a statement. "With these new strategies, we will be re-allocating resources to shift attention to new opportunities and to streamline our operations."
The company expects to hire new employees as part of its focus on new opportunities.
"We have a tremendous appreciation for every one of our team members across the country and had difficult decisions to make," the statement continued. "We do remain focused on continuing to build upon our standards as an industry leader, having opened 15 new stores this year, building nine more, and creating 17 truck care centers as we look to more efficiently grow our company footprint."
This is a developing story and will be updated as we get more information.