McDonald's CEO says layoffs are coming | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 95%

Business News News

Business Business Latest News,Business Business Headlines

McDonald’s is planning to cut some of its corporate staff, CEO Chris Kempczinski said in a memo to employees

Friday. “We will evaluate roles and staffing levels in parts of the organization and there will be difficult discussions and decisions ahead,” Kempszinski said. “Certain initiatives will be de-prioritized or stopped altogether. This will help us move faster as an organization, while reducing our global costs and freeing up resources to invest in our growth.

” The company has to become faster, more innovative and more efficient, he said. In an interview with the Wall Street Journal Friday, Kempczinski said that means company will announce layoffs. “Some jobs that are existing today are either going to get moved or those jobs may go away,” Kempczinski McDonald’s says it plans to communicate its future staffing plans by April 3.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Executed this morning in Iran MohammadMehdiKarami MohammadHosseini Both of them were killed by the Islamic Republic for engaging in IranProtests. Many more are at risk! The international community must act now to StopExecutionsinIran. محمدمهدی_کرمی سیدمحمد_حسینی

They need to hire someone that knows what food is supposed to taste like. That position has been open for decades.

Raising minimum wage always costs jobs and pushes companies towards automation.

Going automated praise the lord

Is it because they don’t want to work

Ooo, are they automating that too?

I want my happy meal.

🇧🇷Could you report on the demonstration of millions of Brazilian patriots that will take place on the 7th and 8th of January in Brasilia. The Brazilian media refuses to report our peaceful and democratic acts for 68 days on the streets.

Go woke go broke. The vaccine is more deadly than the virus.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stitch Fix CEO Elizabeth Spaulding Steps Down, As Company Cuts 20 Percent of its Salaried WorkforceAmid a slumping business, Elizabeth Spaulding has relinquished her role as chief executive officer and a member of the board of directors of StitchFix.
Source: wwd - 🏆 24. / 68 Read more »