We hear that McDonalds is just “restructuring” things as they plan to lay off a lot of people. But in many situations that’s just corporate double-speak.
Now, we don’t think the Hamburger Kings are going down for good - maybe they just to figure some things out, but this story definitely had some people nervous.
Eat This Not That reported that McDonald's is the undeniable king in the world of fast food, but it won't rest on its laurels anytime soon as it eyes even more expansion and innovation for the brand in 2023. However, the latest change that seems to be underway at McDonald's as it pursues growth won't be a welcome one for an unlucky segment of the chain's employees.
The brand is reportedly planning to let go of some corporate staff as part of a major restructuring and has temporarily shut down its offices in the United States this week in order to remotely inform employees who didn't make the cut. The exact number of staff who may be laid off and the type of roles that may be eliminated remains unclear at this time.
The layoffs discussion began back in January of this year, when CEO Chris Kempczinski said that the company was planning "difficult" decisions on staffing levels by April as part of a larger strategic plan.
"Some jobs that are existing today are either going to get moved or those jobs may go away," Kempczinski told The Wall Street Journal in an interview.
Kempczinski didn't say exactly how many jobs could be in danger, but did note that he expected to save money due to the workforce restructuring. McDonald's said in February that it employs more than 150,000 globally in corporate jobs and its company-owned restaurants, with 70% of those positions located outside of the United States, according to The Wall Street Journal.
Well, no matter what any president says, layoffs and closing down offices is never a good sign of “prosperity.”
Maybe it’s time to run out and get yourself a Big Mac while you still can?
