Hollie Shaw | July 29, 2015 1:19 PM ET

Tim Hortons has already had its expenses dramatically slashed since its merger with Burger King, but analysts believe more cost cutting lies ahead for the Canadian coffee and baked goods chain.

Corporate parent Restaurant Brands International Inc. in January cut 350 jobs from Tim Hortons’ headquarters in Oakville, Ont., and later offered voluntary buyouts to 15 per cent of the head office staff, which three per cent took.

http://business.financialpost.com/news/retail-marketing/tim-hortons-to-face-more-cuts-as-restaurant-brands-seeks-additional-savings