McDonald’s is planning to cut some of its corporate staff, CEO Chris Kempczinski said in a memo to employees
Friday. “We will evaluate roles and staffing levels in parts of the organization and there will be difficult discussions and decisions ahead,” Kempszinski said. “Certain initiatives will be de-prioritized or stopped altogether. This will help us move faster as an organization, while reducing our global costs and freeing up resources to invest in our growth.
” The company has to become faster, more innovative and more efficient, he said. In an interview with the Wall Street Journal Friday, Kempczinski said that means company will announce layoffs. “Some jobs that are existing today are either going to get moved or those jobs may go away,” Kempczinski McDonald’s says it plans to communicate its future staffing plans by April 3.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
McDonald's CEO warns of possible 2023 layoffs this springMcDonald's CEO warns of possible 2023 layoffs as chain leans into fast service, innovation, and operational efficiencies
Read more »
Amazon CEO: Employees chatter, joke about Jeff Bezos returning as CEOInside Amazon, there's chatter, and jokes, about Jeff Bezos coming back as CEO in the midst of massive layoffs and a plummeting stock price
Read more »
Stitch Fix CEO Elizabeth Spaulding Steps Down, As Company Cuts 20 Percent of its Salaried WorkforceAmid a slumping business, Elizabeth Spaulding has relinquished her role as chief executive officer and a member of the board of directors of StitchFix.
Read more »
WSJ News Exclusive | McDonald’s to Make Staff Changes by April as Part of Broader RevampMcDonald’s said it is planning to make “difficult” decisions about changes to its corporate staffing levels by April, as part of a broader strategic plan for the burger chain
Read more »
Bagel Sandwich Taste Test: McDonald's vs Dunkin' vs PaneraHow would the iconic McDonald’s breakfast bagel sandwiches stack up against two major competitors with similar offerings? I set out to find out.
Read more »