Associated Press
NEW YORK-- McDonald's says it is cutting about 225 corporate
jobs as part of a push intended to revitalize its flagging
business.
The hamburger chain says the cuts include about 135 positions at
its corporate headquarters in Oak Brook, Ill., where it says it has
about 2,100 employees. An additional 90 positions are being cut
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. As sales have struggled, McDonald's has
conceded that it failed to keep pace with changing tastes. In its
flagship U.S. market, the company last month reported its seventh
straight quarterly decline in sales at established locations.
McDonald's also cut 63 jobs in December and 65 more in January
at its headquarters, said Jeff Mochal, a McDonald's spokesman. The
previous cuts were related to the removal of a management layer
between U.S. franchisees and the corporate office, he said.
The latest round of cuts in July, which affected a variety of
positions for global operations, brings the total number of job
reductions since late last year to more than 350.
Copyright 2015 Associated Press.
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