McDonald's is the next after Amazon in layoffs

McDonald’s is planning to cut some of its corporate staff, CEO Chris Kempczinski said 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.”

McDonalds has been in the stage of blooming sales during the pandemic, but the inflation surge has forced the customers to look for more cheaper options. 

But the company said it’s not resting on its laurels, the CEO said, outlining a plan to break down internal barriers, grow more innovative and reduce work that doesn’t align with the company’s priorities.

“While there’s a lot for us to be proud of, you’ve also told us that there’s more we can do,” Kempczinski wrote to employees. “We’re performing at a high level, but we can do even better.”

 

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