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McDonald’s shuts corporate offices ahead of layoffs, WSJ reports

Bloomberg
Bloomberg • 2 min read
McDonald’s shuts corporate offices ahead of layoffs, WSJ reports
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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.

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