Domino’s Pizza has announced that they are going to be closing more 200 locations across the globe. The locations are referred to as “loss locations” by the company and will subsequently be eliminated.

More than 200 Domino’s locations around the world will close in the coming months as an international franchisee looks to cut costs and increase profits, according to Forbes Australia. Domino’s Pizza Enterprises announced the planned closures last week, saying the move will generate an estimated A$15.5 million ($9.4M U.S.) in savings annually.

Domino’s Pizza Enterprises—controlled by fast food billionaire Jack Cowin—will shut 205 money-losing stores to cut costs and boost earnings.