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Wednesday, May 22, 2024

McDonald’s is shutting down its US offices temporarily and getting ready to send out layoff notices

The Wall Street Journal reported today that McDonald’s, one of the biggest fast food companies in the world, has temporarily shuttered all of its offices in the United States in preparation for informing its corporate staff of a new wave of layoffs.

The corporation informed its American staff last week that they may work remotely on Monday, Tuesday, and Wednesday. According to the allegation, McDonald’s made the call so that it could notify employees of the layoffs digitally. The exact number of layoffs is unknown at this time.

McDonald’s allegedly sent out a letter on April 2 saying, “During the week of April 3, we will convey significant decisions pertaining to positions and personnel levels throughout the business.”

In addition, all in-person meetings planned for this week have been cancelled by management.

As part of its new business plan, the fast food giant said in January that it will evaluate its corporate employment levels, which might result in layoffs in certain departments and hiring increases in others.

As a result of the global economic recession and increasing prices, more and more businesses are laying off employees. Google, Amazon, and Facebook are just a few of the digital titans that have lately reduced their workforce significantly.

One of the groups most impacted by the widespread firings at US technology firms has been Indian nationals. Temporary visa employees in the hundreds have suddenly found themselves out of work with little time to secure new positions.

If an H-1B visa holder loses their job, they have just 60 days to locate a new company that would sponsor their continued stay in the United States.

Jonathan James
Jonathan James
I serve as a Senior Executive Journalist of The National Era
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