A report says McDonald's has closed its U.S. offices for a few days as the company prepares to inform corporate employees about layoffs.
This photo shows a logo of a McDonald's restaurant in Havertown, Pa., on April 26, 2022. A report says McDonalds has closed its U.S. offices for a few days as the company prepares to inform employees about layoffs. – A report says McDonald’s has closed its U.S. offices for a few days as the company prepares to inform employees about layoffs.
Though the U.S. labor market remains strong, layoffs have been mounting, mainly in the technology sector, where many companies over-hired after a pandemic boom. IBM, Microsoft, Amazon, Salesforce, Facebook parent Meta, Twitter and DoorDash have all announced layoffs in recent months. The company reported its global sales rose nearly 11% in 2022, while sales in the U.S. climbed almost 6%. Total restaurant margins rose 5%. In its latest annual report, it cited difficulties in adequately staffing some of its outlets.
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