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McDonald's Temporarily Closes US Offices Ahead of Layoffs

  • #Restaurants
  • #Healthy eating
  • #Marketing & sales
  • #Unemployment
  • #Labor
story
APR 2023
Image copyright: FOX News
story last updated APR 2023

The Spin

Narrative A

McDonald’s layoffs are the latest in a tidal wave of dismissals across massive multinational corporations – a bad sign for the fast-food industry and the economy at large. Despite being a historically stable industry, the fast-food market is not immune to the problems plaguing the overall economy. It seems that copycat layoffs are the new norm leading to thousands losing their jobs.

Flipboard

Narrative B

McDonald’s layoffs aren't alarming for the company or the fast-food industry. While these decisions are unfortunate, companies are focusing on maximizing efficiency and reducing labor costs. McDonald’s is still performing very well, and the layoffs will not have an impact on revenue. In fact, markets are responding well to them.

Barrons

Articles on this story

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ForbesJUL 2023
McDonald's closes U.S. offices as it prepares to inform workers of layoffs: WSJ
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McDonald’s closes corporate offices as it prepares for layoffs
Washington PostJUL 2023
Read the full memo: McDonald's outlines plans for layoffs and shift in strategy
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McDonald’s temporarily shuts US offices ahead of layoffs – report
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McDonald’s Asks Corporate Employees To Work Virtually As They Announce Layoffs
Daily CallerJUL 2023
McDonald’s prepares to cut staff – WSJ
RTJUL 2023
McDonald's to lay off hundreds of corporate employees: report
New York PostJUL 2023
McDonald’s Temporarily Closes U.S. Offices as It Prepares for Layoffs
BreitbartJUL 2023
McDonald's Is the Next Company Prepping for Mass Layoffs
Red StateJUL 2023
McDonalds Temporarily Shuts US Offices as Major Lay-offs Loom – Report
InfoWarsJUL 2023