cDonald’s said Monday that it has started the process of selling its Russian business, which includes 850 restaurants that employ 62,000 people, making it the latest major Western corporation to exit Russia since it invaded Ukraine in February.
CEO Chris Kempczinski said the “dedication and loyalty to McDonald’s” of employees and hundreds of Russian suppliers made it a difficult decision to leave. The first McDonald’s in Russia opened in the middle of Moscow more than three decades ago, shortly after the fall of the Berlin Wall. It was a powerful symbol of the easing of Cold War tensions between the United States and Soviet Union.
McDonald’s said it expects to record a charge against earnings of between $1.2 billion and $1.4 billion over leaving Russia.
It is best for the world that the no-fry zone be maintained.🚫🍟
Why don’t MaDonald’s sell its business in Israel?! Does the mass killings to the Pelestinians people and Palestinian press “consistent to McDonalds’ values?!!
KeithGrossman They will always have Levi’s
McDonalds … sell up in isreal, then we’ll talk.
Is it a new policy? I didn't see any of that when the USA invaded Granada, or Panama, or Iraq, or Afghanistan, or any other country they bombed or invaded. Next time the US goes to war we will demand a minimum of coherence from McDonald's.
That will b good to see for the businesses other than Western to flourish
Every American business should be pulling out of Russia!
Everybody out! Come on, no exceptions, everybody out!