McDonald's cuts 225 jobs in push to revive business
NEW YORK (AP) — McDonald's says it is cutting about 225 corporate jobs as part of a push intended to revitalize its flagging business.
The world's biggest hamburger chain says the cuts include about 135 positions at its corporate headquarters in Oak Brook, Illinois, where it says it has about 2,100 employees. An additional 90 positions are being eliminated overseas, the company said. It says employees were notified last month.
The move comes as McDonald's CEO Steve Easterbrook has vowed to reorganize the company so it can react more quickly to the changing fast-food industry. The company also said it cut jobs in December and January. The latest round of cuts brings the total job reductions since late last year to 353.