Beautiful Virgin Islands


McDonald's is laying off hundreds of corporate employees and letting some stay with lower benefits, reports say

McDonald's is laying off hundreds of corporate employees and letting some stay with lower benefits, reports say

McDonald's will cut "less than 1,000" jobs, Restaurant Business reports. The fast-food giant's CEO has said cutbacks "will help us move faster."
McDonald's reportedly is laying off hundreds of employees – and offering some the option to stay on with lower compensation – as it closes field offices nationwide. The changes come three months after the fast-food chain warned that a restructuring was imminent.

The company is letting go of "less than 1,000" employees, Restaurant Business reported on Thursday. The exact number of positions affected by the layoffs wasn't clear. Prior to the reduction, McDonald's had about 150,000 employees across its corporate teams and company-owned restaurants.

Some employees were told that they could continue working at McDonald's if they accepted reductions in bonuses and equity grants, the Wall Street Journal reported on Friday.

The layoffs affected both decades-long employees as well as recent hires, the Journal reported. Some laid-off employees broke the news on LinkedIn, with one composing a haiku.

"These decisions weren't easy to make, but I am confident this is the right path forward to improve how we solve problems for our customers and people," McDonald's US president, Joe Erlinger, said in a message to restaurant operators seen by Insider.

McDonald's is also shuttering 10 field offices, according to Erlinger's note. It says the restaurant chain has field offices in cities such as Dallas, Nashville, and Long Beach, California. The employees who previously reported to those offices will work remotely permanently.

Field officers spend much of their time traveling and visiting McDonald's restaurants, and office attendance has taken an additional hit over the last few years due to the pandemic, Restaurant Business reported.

The 10 field divisions will remain, though McDonald's is combining them under a single structure for the whole US. Previously, the chain divided its field offices between one zone for the East and one for the West, according to Erlinger's note.

The reorganizing is also bringing some promotions with it. Michael Gonda will become McDonald's chief impact officer for North America after working as global chief communications officer. That role will be filled by Sandy Rodriguez, currently vice president of U.S. communications, according to Erlinger's note. Myra Doria will be McDonald's national field president.

A McDonald's spokesperson declined to comment on the reorganization.

McDonald's employees have been expecting job cuts since January. Back then, CEO Chris Kempczinski told employees that layoffs were possible in April. The cuts "will help us move faster as an organization, while reducing our global costs and freeing up resources to invest in our growth," Kempczinski said in a memo to employees.

The restaurant chain is "in the strongest position it has been in years," Erlinger wrote in his memo this week. But McDonald's corporate structure "has grown increasingly complex in recent years," he added.

"As we learned during the pandemic, there is great value in leaning into simple solutions, like returning to our core menu, to better leverage our scale and make it easier to work together across all three legs of the stool," Erlinger wrote.

The reductions are part of McDonald's "Accelerating the Organization" and "Accelerating the Arches" growth strategy. The chain told employees last week to work from home between April 3-5 and cancel meetings at its headquarters in Chicago as it conducted the layoffs, according to a memo seen by Insider.
Comments

Oh ya 1 year ago
Can't believe that this place is still in business. Crappy food at a high price. But must admit that there coffee is way better than the burnt bean coffee they sell at starbucks at about $6 bucks a cup

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Macron Halts New Caledonia Voting Reform After Riots
I have a dream, MLK inspiring speech
Rishi Sunak Shelves Rwanda and Smoking Policies Ahead of Election
Aretha Franklin, Marvis Staples - Oh Happy Day
US Refuses World Court Jurisdiction
BVI Freedom Song
China Conducts Surprise Military Drills Around Taiwan
Billy Preston - You Can't Beat God Giving (Live)
Grim Polls Predict Major Loss for PM Rishi Sunak
VIRGIN ISLANDS REGGAE CARIBBEAN RIDDIMZ
Rishi Sunak's Campaign for UK Election: Key Issues Highlighted
Oh Happy Day Edwin Hawkins - Anthony Brown w FBCG Combined Choir
German Property Crisis Worsens as Foreign Investment Declines
'Stand by Me' performed by Karen Gibson and The Kingdom Choir
Princess of Wales's Taskforce Calls for Business Investment in Early Childhood
National Anthem of the British Virgin Islands - Oh, Beautiful Virgin
Campaign Groups Condemn UK Report on Protests
Hello Dolly
Former Royal Marine Charged with Espionage Found Dead
for KING & COUNTRY - Amen (Reborn) [feat. Lecrae & The WRLDFMS Tony Wi
Australian PM Calls for Julian Assange's Freedom
Bob Marley - Get Up Stand Up
ICC Seeks Arrest Warrants for Israeli and Hamas Leaders
Yes He Can
UK's Infected Blood Scandal: Conclusion Nears After Seven Years
What A Friend We Have In Jesus
Julian Assange Granted Right to Challenge US Extradition
Unforgettable
Congo Army Thwarts Attempted Coup Involving Americans and a British Citizen
Touch The Hem Of His Garment
Ireland's Homeless Gain Voting Rights
The Lord's Prayer
Blinken orders crackdown on Israel-Hamas leaks
THE GOD MOVEMENT...BEAUTIFUL BVI
Julian Assange Faces US Extradition: Key Facts
Siyahamba
Jacob Zuma Takes Campaign to ANC Stronghold Soweto
Ray Charles And The Voices Of Jubilaton, Oh, Happy Day
Attempted Assassination of Slovakia PM Robert Fico: Investigation Ongoing
Ramblin' Rose
What Happens If an Iranian President Dies in Office?
Protoje - Who Knows ft. Chronixx
Spain Recalls Ambassador After Argentina President's Remarks
Pressure - Virgin Islands Nice
Rishi Sunak Faces Cabinet Backlash Over Proposed Changes to Foreign Student Visas
Phil Wickham - House Of The Lord
Rwanda Denies Entry to Human Rights Researcher
My God Is Real (Yes, God Is Real)
Iranian President Ebrahim Raisi Reportedly Killed in Helicopter Crash
The Lion King Circle of Life by LEBO M. — LIVE at the HAVASI Symphonic
Blue Origin Resumes Space Tourism with 90-Year-Old Ed Dwight
Louis Armstrong - When The Saints Go Marching In
Rishi Sunak and Wife Akshata Murty Wealthier Than King Charles
Kanye West Sunday Service - hallelujah, salvation, and glory
New Dutch Government Drives Wedge Through EU Liberals
Jonathan Nelson - I Believe (Island Medley
Iranian President Raisi Missing After Helicopter Goes Down
From The Virgin Islands Sqad Up
Freemasons and ‘Global War Party’ Accused of Conspiring Against Georgia
Common, John Legend - Glory
Poland Supports Rolls-Royce's Nuclear Power Plant Initiative
Anthony Evans vs. Jesse Campbell - If I Ain't Got You
European Ports Overflow with Unsold Electric Vehicles
I have a dream, MLK inspiring speech
Esprit Files for Bankruptcy in Europe, Putting Hundreds of Jobs at Risk
Aretha Franklin, Marvis Staples - Oh Happy Day
Chevron Halts North Sea Drilling Amid Rising Tax Burden
BVI Freedom Song
Jeremy Hunt Accused of Exaggerating Conservatives' Economic Record
Billy Preston - You Can't Beat God Giving (Live)
Victoria Atkins Discusses Historical Gender Bias in the NHS
VIRGIN ISLANDS REGGAE CARIBBEAN RIDDIMZ
Dublin and Monaghan Bombings 50th Anniversary: Calls for Justice
Oh Happy Day Edwin Hawkins - Anthony Brown w FBCG Combined Choir
Rishi Sunak and Akshata Murty’s Wealth Rises to £651 Million
'Stand by Me' performed by Karen Gibson and The Kingdom Choir
New Caledonia Riots Escalate After French Voting Rights Change
National Anthem of the British Virgin Islands - Oh, Beautiful Virgin
Renters Face Fierce Competition as Listing Times Shrink
Hello Dolly
Surge in Fake Science: 19 journals shut down due to fraudulent papers from 'paper mills'
for KING & COUNTRY - Amen (Reborn) [feat. Lecrae & The WRLDFMS Tony Wi
Global Birthrates Decline, Raising Economic and Social Concerns
Bob Marley - Get Up Stand Up
Boeing Faces Possible Prosecution Over 737 MAX Settlement Violation
Yes He Can
Prisoner Escapes in France as Two Officers Killed in Van Ambush
What A Friend We Have In Jesus
German Court Rules AfD Can Be Monitored for Extremism
Unforgettable
Jacob Rees-Mogg Criticizes Bank of England’s Inflation Strategy
Touch The Hem Of His Garment
Prince Harry and Meghan Markle Promote Invictus Games in Nigeria
The Lord's Prayer
UK Arms Ban on Israel Would Aid Hamas, Says Cameron
THE GOD MOVEMENT...BEAUTIFUL BVI
US Regulators Probe Credit Card Reward Schemes
Siyahamba
Labour Vows to End Rwanda Deportation Scheme/Scam
Ray Charles And The Voices Of Jubilaton, Oh, Happy Day
×