McDonald’s Plans to Lay Off Workers as it Streamlines Management

Labor News

Protesting themselves out of jobs? Photo: Joe Raedle

Reprinted from CNBC by  on June 7, 2018.

McDonald’s is slimming down its corporate structure and laying off workers in an effort to reduce expenses by $500 million by the end of 2019.

In an email to all US employees, suppliers and franchisees, McDonald’s USA President Chris Kempczinski said the Golden Arches would be restructuring its regional offices around the country, The Wall Street Journal reported Thursday.

“I recognize that change is difficult, and that eliminating layers within our organization means some employees will ultimately exit our system,” Kempczinski said in the memo, according to The Wall Street Journal. …

CNBC 6/7

About Jeffrey Burman 2752 Articles
Jeff Burman represents assistant editors on the Guild’s Board of Directors. He can be reached at jeffrey.s.burman.57@gmail.com.

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