McDonald’s closes corporate offices as workers await layoffs

McDonald’s closes corporate offices as workers await layoffs


Signage is displayed outside the new McDonald’s Corp. headquarters in Chicago, Illinois, U.S., on Monday, June 4, 2018.

Bloomberg | Bloomberg | Getty Images

McDonald’s is closing its U.S. corporate offices Monday through Wednesday as the company lays off workers, according to an internal email viewed by CNBC.

The Wall Street Journal first reported the company’s office closures.

CEO Chris Kempczinski announced in January that the company would be cutting jobs as part of a broader corporate restructuring. McDonald’s still hasn’t disclosed how many workers will be laid off, but the company told employees that they’ll be notified virtually, starting Monday and ending Wednesday, if they’re affected by the cuts.

In the internal email, McDonald’s said it was closing its U.S. offices for those three days for employees’ comfort and privacy, as well as for timing since it’s a busy travel week ahead of Passover and Easter.

The company declined to comment to CNBC.

McDonald’s reorganization will include deprioritizing and halting certain initiatives, Kempczinski said back in January. At the time, McDonald’s said the layoffs weren’t a cost-cutting measure, but instead are meant to help the company innovate faster and work more efficiently.

At the end of 2022, McDonald’s employed more than 150,000 people in its corporate offices and company-owned restaurations. Roughly 45,000 of those workers are based in the U.S.



Source

Birkin bag prices are sinking at auction despite high-profile sales
Business

Birkin bag prices are sinking at auction despite high-profile sales

Close-up detail view of a gray Hermes Birkin bag in grained leather, during a street style fashion photo session, on October 28, 2025 in Paris, France. Edward Berthelot | Getty Images Entertainment | Getty Images Despite two recent blockbuster auctions for Birkin bags, overall auction prices for the iconic Hermès handbags are falling, according to […]

Read More
As catastrophe losses top 0 billion again, insurers are helping policyholders mitigate risk
Business

As catastrophe losses top $100 billion again, insurers are helping policyholders mitigate risk

Climate catastrophes like wildfires and severe storms have become more frequent and damaging in the U.S., accounting for 83% of the estimated global insured losses of $107 billion in 2025, according to a new report from Swiss Re Institute. This is the sixth consecutive year that global insured losses have surpassed $100 billion.   The Los […]

Read More
Kraft Heinz taps former Kellanova CEO Steve Cahillane to lead company ahead of breakup
Business

Kraft Heinz taps former Kellanova CEO Steve Cahillane to lead company ahead of breakup

Kraft Heinz announced plans to split into two separately traded companies, reversing its 2015 megamerger, which was orchestrated by billionaire investor Warren Buffett. Justin Sullivan | Getty Images News | Getty Images Kraft Heinz on Tuesday announced that former Kellanova CEO Steve Cahillane will lead the company ahead of its planned split next year. Cahillane […]

Read More