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The wave of corporate layoffs that is growing in the United States reached McDonald’s, whose CEO, Chris Kempczinski, announced that this will be a year in which the company You will have to make some “tough decisions”.
The plans to cut staff were announced to the employees of the global fast food giant through a memo that was sent to the work team and later made public.
“We are going to assess functions and staffing levels in parts of the organization and there will be difficult discussions and decisions ahead,” the McDonald’s CEO stated in the memo.
In the internal document, Kempczinski explained that the company needs to carry out an analysis on the priority that some initiatives will have, so some will lose priority and others will stop altogether.
“This will help us move faster as an organization, while we reduce our global costs and free up resources to invest in our growth.”, he added.
According to analysts, McDonald’s corporate announcement anticipates the uncertain times that threaten the economy, both in the United States and worldwide.
The CEO of McDonald’s announced that the decisions about the jobs that will be cut, will be released no later than April 3 next.
“Some of the jobs that exist today will be transferred or will disappear,” Kempczinski said in an interview on Friday.
McDonald’s preempts recession fears
McDonald’s has successfully weathered the last few years, both the closures that arose with the pandemic, when it managed to get people I would order more takeoutas well as the last year of historical inflation.
In the latest earnings reports, McDonald’s has highlighted that despite its price adjustment, given the rise in production costs, the chain gained more customers who saw their menus a cheaper option to get around high food prices.
Faced with this scenario in the last year, McDonald’s announcement is perceived more as a plan to eliminate areas that may cause problems in the future and bet on a more innovative growthreducing jobs that are not in line with the priorities of the company.
Recently, McDonald’s announced the launch of its first 100% automated restaurant, in which no human worker intervenes in the process of ordering, preparing and delivering food.
As part of the global fast food chain’s strategy for this year, McDonald’s also plans to accelerate the pace of restaurant openings to respond to the global demand of its customers.
McDonald’s has a labor base of 200,000 employeesbetween corporate and restaurant staff, according to a 2021 annual report.
But the number grows if the franchise restaurant workers are considered, of which there are two million around the world.
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