McDonald’s CEO Warns Layoffs for Corporate Staff Are Coming

McDonald’s CEO Warns Layoffs for Corporate Staff Are Coming
A McDonald's restaurant in Arlington, Va., on Jan. 27, 2022. Joshua Roberts/Reuters
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McDonald’s CEO Chris Kempczinski revealed in a memo to staff on Friday that he is planning to cut some corporate staff as part of the company’s new business strategy.

The fast-food giant CEO said the job cuts are intended to help the company innovate faster and work more efficiently.