McDonald’s announces plans to hire 375,000 workers with Trump Labor secretary

McDonald’s announces plans to hire 375,000 workers with Trump Labor secretary


The logo of McDonald’s (MCD) is seen in Los Angeles, California.

Lucy Nicholson | Reuters

McDonald’s on Monday announced plans to hire up to 375,000 workers this summer at a news conference that included U.S. Labor Secretary Lori Chavez-DeRemer.

While McDonald’s has long been one of President Donald Trump’s culinary favorites, the company has been cozying up to his administration during his second term. The company likely hopes to stay in Trump’s good graces and avoid obstacles to its business, like Health and Human Services Secretary Robert F. Kennedy Jr.’s “Make America Healthy Again” agenda or unfavorable regulation by the Department of Labor.

For example, McDonald’s donated $1 million to Trump’s second presidential inauguration, marking its first contribution to an inaugural fund in more than a decade.

Additionally, representatives from McDonald’s, Wendy’s, Yum Brands and other fast-food companies reportedly met with Chavez-DeRemer ahead of Trump’s inauguration to discuss key industry topics, like pro-union legislation that she sponsored and the joint employer rule, which defines the relationship between franchisor and franchisees.

During Monday’s event, McDonald’s and Chavez-DeRemer celebrated the 10-year anniversary of the company’s “Archways to Opportunity” program, which provides tuition assistance and helps employees achieve education goals, like earning a high school degree.

McDonald’s and the broader restaurant industry typically embark on hiring sprees to meet higher demand during the summer. Monday’s announcement set McDonald’s biggest hiring target in years. In 2020, as it was reopening its dining rooms, the chain said it was looking to hire just 260,000 restaurant employees.

Through its company-owned and franchised restaurants, McDonald’s is one of the nation’s largest private employers. McDonald’s claims that 1 in 8 Americans have worked in one of its restaurants at some point.

Ahead of the 2024 presidential election, Trump regularly mocked Vice President Kamala Harris’ claim to have been a McDonald’s alum; McDonald’s tried to stay out of the fight, saying in a statement that it wasn’t a political brand and didn’t have all of its employment records dating back to the 1980s.

The latest hiring push comes as McDonald’s opens more U.S. restaurants. The company is aiming to add 900 new domestic locations by 2027.

Don’t miss these insights from CNBC PRO



Source

Cava reports surprise same-store sales growth, driven by menu prices
Business

Cava reports surprise same-store sales growth, driven by menu prices

Cava, the fast-casual Mediterranean restaurant chain, reported record-breaking revenue for fiscal year 2025 on Tuesday and forecast sales growth for fiscal year 2026. Shares gained roughly 10% in extended trading Tuesday. “While there are a lot of factors around us that are creating pressures from a margin perspective, our model has allowed us to be […]

Read More
Lucid widely misses earnings expectations, forecasts continued EV growth in 2026
Business

Lucid widely misses earnings expectations, forecasts continued EV growth in 2026

A Lucid Gravity coming off the line at the company’s factory in Casa Grande, Arizona Lucid Group reported mixed fourth-quarter results Tuesday as the all-electric vehicle maker continues to face challenging market conditions and internal problems. The company widely missed Wall Street’s quarterly earnings expectations, while beating average revenue estimates by roughly 12%. It also […]

Read More
Jamie Dimon says AI is already reshaping JPMorgan Chase’s workforce as bank plans ‘huge redeployment’
Business

Jamie Dimon says AI is already reshaping JPMorgan Chase’s workforce as bank plans ‘huge redeployment’

Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co., attends the ribbon-cutting ceremony opening the firm’s new headquarters at 270 Park Avenue, in New York City, U.S., October 21, 2025. Eduardo Munoz | Reuters JPMorgan Chase CEO Jamie Dimon said the bank is taking steps to address the impact of artificial intelligence […]

Read More