McDonald’s announces layoffs, cuts pay and benefits for others

McDonald’s has recently announced a company-wide restructuring, which involves the laying off of hundreds of corporate office employees, a reduction in pay and benefits for some, and the closure of various field offices. Internal emails that were obtained by the Wall Street Journal revealed that Joe Erlinger, president of McDonald’s USA, wrote in an email that the McDonald’s Brand is in the best position it has been in years, but the business is becoming increasingly …

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