McDonald’s to Sell Its Russian Business, Try to Keep Workers

McDonald's restaurant in the center of Dmitrov, a Russian town 75 kilometers (47 miles) north from Moscow, Russia, on Dec. 6, 2014. AP Photo

McDonald’s said Monday that it has started the process of selling its Russian business, which includes 850 restaurants that employ 62,000 people, making it the latest major Western corporation to exit Russia since it invaded Ukraine in February.

The fast food giant pointed to the humanitarian crisis caused by the war, saying holding on to its business in Russia “is no longer tenable, nor is it consistent with McDonald’s values.”