News Formal

McDonald's to lay off hundreds as burger giant restructures company, source says

  • 📰 abc7newsbayarea
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

'There are more people that have been moved into new roles or promoted than have been laid off,' the source said Friday.

Chicago-based McDonald's is closing its U.S. offices this week as it prepares to notify corporate employees about layoffs, according to the Wall Street Journal.Hundreds of people are being laid off from McDonald's as the burger giant restructures the company, a source familiar with the situation confirmed to ABC7 Friday.temporarily closing its U.S. offices and told its corporate staff to work remotely.In a memo to workers posted on the website TheLayoff.

"There are more people that have been moved into new roles or promoted than have been laid off," the source said Friday.

 

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

 /  🏆 529. in US

United States United States Latest News, United States United States Headlines

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

McDonald’s restructuring goes company wide, hundreds of jobs hit: reportMcDonald’s Corp. job cuts look to go company wide and will likely result in hundreds of layoffs and compensation reductions, The Wall Street Journal reported...
Source: MarketWatch - 🏆 3. / 97 Read more »