am i next? NO LOVE AT McDONALD’S (04/04/23)

Am I Next? McDonald's Layoffs - Restructuring

APRIL 4, 2023 — WORK FROM HOME UNTIL LAYOFF NOTICES GO OUT

In a not-so-surprising move, McDonald’s has temporarily closed its corporate offices across the country and requested employees to work from home while a mass layoff is pending.

According to a company spokesperson, “During the week of April 3, we will communicate key decisions related to roles and staffing levels across the organization. We want to ensure the comfort and confidentiality of our people during the notification period.”

JANUARY 7, 2023 — REORGANIZATION AND LAYOFFS ON THE HORIZON 

McDonald's CEO Chris Kempczinski warned of restructuring and possible layoffs on the horizon to facilitate operational efficiencies and advance labor-saving innovation.

"We will evaluate roles and staffing levels in parts of the organization, and there will be difficult discussions and decisions ahead. We will look to our strategy and our values to guide how we reach those decisions and support every impacted member of the company. We expect to finalize and begin to communicate key decisions by April 3, 2023."

McDonald’s appears especially concerned with California’s new woke labor board that will control the labor relations and wages of fast food restaurants like McDonald’s.

 JUNE 8, 2018 — Original post…

Chicago, Illinois-based McDonald’s, the world’s largest restaurant chain, is embarking on a significant restructuring plan in response to declining revenues, changing consumer preferences, and stiffer competition. The target is said to be $500 million in cost reductions by the end of 2019. CEO Chris Kempczinski announced a restructuring plan designed to “eliminate layers within our organization,” which is likely to result in the layoffs of hundreds of employees in middle management.  

 CEO Chris Kempczinski: “I recognize that change is difficult and that eliminating layers within our organization means some employees will ultimately exit our system.” 

McDonald's spokesperson Terri Hickey: "We are putting into place a new U.S. field structure that will better support our franchisees and will ensure McDonald’s continues on a path to being more dynamic, nimble, and competitive. These planned actions are consistent with our previously announced $500M G&A targeted savings, which we expect to achieve by the end of 2019.” 

McDonald’s has attempted various “fixes” over the last three years, and this restructuring is an ongoing effort to find the right balance between business and administrative staffing and costs.  If you are in middle management, the handwriting is on the wall.

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?