McDonald’s will be evaluating staffing levels as the company undergoes a reorganization and refocuses its priorities to accelerate restaurant expansion.
McDonald's is planning job cuts and a reorganization as the company refocuses its priorities to accelerate restaurant expansion.
The company will be deprioritizing and halting certain initiatives, according to a company-wide memo from CEO Chris Kempczinski viewed by CNBC.is planning job cuts and a reorganization as the company refocuses its priorities to accelerate restaurant expansion, CEO Chris Kempczinski told employees Friday.
The fast-food giant said the job cuts aren't a cost-cutting measure but are instead intended to help the company innovate faster and work more efficiently. As part of the reorganization, the company will be deprioritizing and halting certain initiatives, according to a company-wide memo from Kempczinski. It's unclear what those projects are.
"Today, we're divided into silos with a center, segments, and markets," Kempczinski wrote."This approach is outdated and self-limiting – we are trying to solve the same problems multiple times, aren't always sharing ideas and can be slow to innovate."Sign up for NBC DFW newslettersCurrently, McDonald's organization is divided into three segments: the U.S., international operated markets and international developmental licensed markets.
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