June 30, 2024

McDonald’s to begin layoffs and close US offices: Report

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McDonald’s also asked employees to cancel all in-person meetings with vendors and other outside parties at its headquarters.

McDonald’s Corp. is temporarily closing its U.S. offices this week as it prepares to notify corporate employees of layoffs as part of a larger company restructuring, according to the Wall Street Journal on Sunday.

According to the report, McDonald’s asked U.S. employees and some international staff to work from home from Monday to Wednesday so that it could make staffing decisions virtually. It is unknown how many employees will be laid off.

“During the week of April 3, we will communicate key decisions related to roles and staffing levels across the organisation,” the Chicago-based company said in a message obtained by the Journal.

Also read: McDonald’s may lay off employees; ‘key announcements’ due by April 3

According to the report, McDonald’s has also asked employees to cancel all in-person meetings with vendors and other outside parties at its headquarters.

McDonald’s temporarily closes its US offices and announces layoffs

McDonald’s did not immediately respond to Reuters’ request for comment.

The fast-food company announced in January that it would review corporate staffing levels as part of an updated business strategy, which could result in layoffs in some areas and expansion in others.

McDonald’s is expected to begin making major announcements on Monday.

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