McDonald’s is shutting it’s corporate headquarters in the United States and laying off hundreds of employees. In January, the business announced job cuts as part of a larger corporate restructure. McDonald’s employs around 45,000 employees in the United States, including corporate headquarters and company-owned restaurants.
McDonald’s, one of the world’s largest fast-food corporations, has temporarily closed all of it’s offices in the United States this week as it prepares to notify corporate staff of a new wave of layoffs.
Last week, the business informed its American workers that they would be able to work from home from Monday through Wednesday. According to the article, McDonald’s made the choice so that it could give word about the layoffs virtually. It is unknown how many staff will be let go.
Workers have also been advised to cancel any scheduled in-person meetings for this week. In January, the fast-food company said that as part of a revised business plan, it will reassess corporate personnel levels, which might result in layoffs in certain locations and expansion in others.
The layoffs should be revealed by Wednesday. Companies are cutting more jobs as they strive to combat a worldwide economic slump and increasing inflation. Numerous internet behemoths, like Google, Amazon, and Facebook, have lately dramatically reduced their operations.
Indians have been disproportionately affected by major layoffs in American technology firms. Hundreds of employees on temporary visas in the United States have been laid off with little time to locate new employment.
H-1B visa holders who become jobless can only stay in the US lawfully for 60 days unless they find new employers to sponsor them.
