McDonald’s says it is cutting about 225 corporate jobs as part of a push intended to revitalise 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 cut overseas, the company said. It says employees were notified in July. The move comes as McDonald’s Corp chief executive, Steve Easterbrook, has sai
d he will target $US300 million ($A408.55 million) in cost cuts by 2017 and reorganise 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 US market, the company in July 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 US 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 2014 to more than 350.
AP
