McDonald's to sell its Russian business, try to keep workers

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McDonald'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.

The fast food giant pointed to the humanitarian crisis caused by the war, saying holding on to its business in Russia "is no longer tenable, nor is it consistent with McDonald's values."

"However, we have a commitment to our global community and must remain steadfast in our values," Kempczinski said in a statement, "and our commitment to our values means that we can no longer keep the arches shining there." McDonald's was the first American fast food restaurant to open in the Soviet Union, which would collapse in 1991. McDonald's decision to leave comes as other American food and beverage giants including Coca-Cola, Pepsi and Starbucks have paused or closed operations in Russia in the face of Western sanctions.

Its restaurants in Ukraine are closed, but the company said it is continuing to pay full salaries for its employees there.

 

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Russians will thank McDonalds later

Fantastic but yes these people need another job.

McDonald'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

Someone thinks a huge junk food company leaving Russia is a victory? 😂😂

💡Quelle excellente idée, même si cela favorisera la santé cardiovasculaire des russes! 💡Maintenant je souhaite que cette chaîne américaine de malbouffe se retire du Québec ce qui favorisera également la santé des Québécois , les voisins des Canadiens et des Américains. Santé

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