Layoff wave: McDonald's CEO Chris Kempczinski says layoffs coming by April to reduce costs
Image Credit: McKinsey
McDonald's CEO Chris Kempczinski has announced that layoffs are coming by April, as the global fast food chain aims to reduce costs and "free up resources to invest in growth." According to Kempczinski, "certain jobs that are already existent are either going to get shifted or those jobs may disappear." By April 3, McDonald's intends to announce its decision regarding layoffs.