Thread regarding McDonald's Corp. layoffs

McDonald's layoffs June 2018

So, now that we know more layoffs are coming to McDonald's corporate (something exactly nobody is shocked about), let the speculation begin on how many, when exactly, and what departments.

Frankly, I hate it when we find out about layoffs ahead of time, and then have to stress for who knows how long until they actually take place. Seems unnecessarily cruel to me.

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Post ID: @TyxHgh3

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You know what to do find another job ASAP they are strip mining the company for their own benefit. Too bad most of the good people have already left, look around if you are still there you are a fool. I have told so many people about the way they treat employees when they ask me about working for them. Good thing is plenty of people are hiring. McDonalds will be Sears or BK in ten years mark my word.

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Post ID: @TyxHgh3-2uuf

McDonald's is planning layoffs in the US, as part of a plan to save $500m annually by next year, the company said in a memo to employees.

"We are putting into place a new US field structure that will better support our franchisees and will ensure McDonald's continues on a path to being more dynamic, nimble and competitive," said Terri Hickey, a company spokesperson.

The consolidation of the US workforce comes as McDonald's is looking to keep up momentum in its years-long turnround, at a time when fast food has increasingly been shunned.

The company reported global same-store sales grew 5.5 per cent in the first quarter, as customers spent more on a revamped menu with ‘gourmet’ burgers and new dollar menu options.

McDonald's this week moved to a new corporate office in downtown Chicago, where it neighbours with the likes of Google – a departure from the sprawling campus in suburban Illinois that had been headquarters for nearly 50 years.

Chief executive Steve Easterbrook called the move "symbolic of our journey to transform our brand".

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Post ID: @TyxHgh3-fie

Media coverage - June 7th

http://www.chicagotribune.com/business/ct-biz-mcdonalds-layoffs-20180607-story.html

http://www.businessinsider.com/mcdonalds-stock-price-corporate-layoffs-2018-6

https://nypost.com/2018/06/07/mcdonalds-preparing-for-another-round-of-layoffs/

http://fortune.com/2018/06/07/mcdonalds-corporate-layoffs/

https://www.reuters.com/article/us-mcdonalds-restructuring/mcdonalds-plans-fresh-round-of-layoffs-wsj-idUSKCN1J31TY

https://www.wsj.com/articles/mcdonalds-plans-to-shrink-corporate-structure-1528378704

https://www.ft.com/content/80fd99d8-6a65-11e8-8cf3-0c230fa67aec

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Post ID: @TyxHgh3-gxo

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