Mcdonald’s

McDonald Corp reduces some employees' compensation, titles amid job cuts

McDonald's closed its offices for a few days earlier this week to have career conversations with all corporate employees, including those being let go

McDonald's temporarily shuts US offices, plans major layoffs amid meltdown

McDonald's has more than 150,000 employees in corporate roles. About 70% of those employees are based outside the United States

Burgeronomics: Big Mac index suggests rupee is undervalued by over 40%

A burger in India costs considerably less than peer economies

McDonald's CEO Chris Kempczinski says layoffs coming by April to cut costs

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"

The rise and rise of QSR: Number of start-ups up 23% since 2016

There were 34 companies added to the segment in 2016

Westlife eyes almost 3-fold sales growth in 5 yrs, to add 300 McDonald's

Westlife Foodworld, the master franchisee of McDonald's restaurants for West and South India, is looking for an almost three-fold jump in sales up to Rs 4,500 crore in the next five years by 2027, mainly on the back of network expansion, omnichannel approach, according to company officials. As part of network expansion, Westlife Foodworld will add around 300 McDonald's restaurants in the next five years, in which 60 per cent of the new stores are likely to be in the southern region and the rest in the western zone, said the company in its 'Vision 2027'. The company, which through its subsidiary Hardcastle Restaurants operates 337 McDonald's restaurants (as of September 30, 2022), has already commenced the work on the next 200 stores. "Westlife Foodworld's vision 2027 is strategic guidance for our road ahead. We see doubling our sales to (Rs) 40-45 billion in the next 5 years on the back of adding around 300 restaurants by 2027," said Westlife Foodworld Executive Director Akshay ...

Shell profit doubles to $9.5 billion, prompting windfall tax calls

The strong earnings were likely to intensify calls in Britain and the European Union to impose further windfall taxes on energy companies as governments struggle with soaring gas and power bills.

McDonald's to Coca-Cola: Why are CEOs suddenly obsessed with 'elasticity'?

The economic concept, which describes consumers' sensitivity to prices, is a hot topic as inflation soars and executives fret about profits

Coca-Cola and McDonald's left Russia, but their brands stayed behind

Companies pulled back from Russia this spring after Moscow sent thousands of troops into Ukraine, in response to investor and public pressure

McDonald's boosts franchisee requirements, seeks to bolster diversity

McDonald's has faced criticism from Black-owned franchises, some of whom have filed lawsuits alleging racial discrimination

McDonald's to pay France $1.3 billion in tax fraud case: Report

A Paris court approved the settlement Thursday, the French national financial prosecutor's office said

Shareholders re-elect McDonald's directors, Icahn loses board battle

Preliminary tallies showed shareholders backed all 12 of McDonald's directors and that Icahn's two nominees received approximately 1% of the vote, the company said.

Starbucks leaving Russian market after McDonald's, shutting 130 stores

Starbucks' stores are owned and operated by Alshaya Group, a Kuwait-based franchise operator

McDonald's Russia franchisees to have option of working under new brand

Russia's McDonald franchisees will now be able to operate under a new brand, according a statement by TASS

McDonald's Russia franchisees to have option of working under new brand

Russia's McDonald franchisees will now be able to operate under a new brand, according a statement by TASS

McDonald's Russia franchisees to have option of working under new brand

Russia's McDonald franchisees will now be able to operate under a new brand, according a statement by TASS

McDonald's Russia franchisees to have option of working under new brand

Russia's McDonald franchisees will now be able to operate under a new brand, according a statement by TASS

McDonald's to sell its Russian business after more than three decades

Without naming a prospective Russian buyer, McDonald's said on Monday that it would seek one to hire its workers and pay them until the sale closes.

McDonald's to exit Russia after more than 30 years, will sell restaurants

Company was once a symbol of flourishing American capitalism in the dying embers of the Soviet Union.

Why Westlife could outperform Jubilant FoodWorks in the near term

All QSR majors, however, will face margin pressures given rise in food prices, analysts say