If McDonald’s is shutting down, you know the economy is doomed.
McDonald’s Corp. is temporarily closing US offices this week as it looks to notify corporate employees about layoffs as part of a broader restructuring plan, the Wall Street Journal reported.
The company said in an internal email last week to US employees and some international staff that they should work at home from Monday through Wednesday so it can deliver staffing decisions virtually, the newspaper reported.
McDonald’s announced in January it would be cutting corporate jobs and eliminating certain initiatives, even as it accelerates new store openings. The job cuts would be final by April 3, the fast-food company said at the time. It had about 150,000 employees as of end-2022, according to data compiled by Bloomberg.
McDonald’s is the epitome of a lot of things that are definitively American – sterile, soulless restaurant experience, convenience, obesity, and dehumanizing work conditions.
It is, however, very delicious.