Fast-food giant McDonald’s has announced the temporary closure of its US offices as it prepares to issue layoff notices. The move comes as part of the company’s efforts to streamline operations and cut costs amid the ongoing Covid-19 pandemic. The closure will affect employees at the company’s headquarters in Chicago and satellite offices across the country.
The layoffs are expected to be significant, with reports suggesting that up to 1,000 jobs could be cut. The affected employees will reportedly be given 60 days’ notice and offered severance packages. The company has not provided any official figures on the number of jobs that will be lost.
In a statement, McDonald’s said that the decision to close its offices was a “difficult but necessary” one. The company added that it remains committed to supporting its employees during this challenging time and is working to provide them with resources and assistance as they transition out of the company.
The Covid-19 pandemic has had a significant impact on the fast-food industry, with many chains struggling to maintain profitability as sales plummeted during lockdowns and restrictions. McDonald’s has been forced to adapt its business model in response, ramping up its delivery and drive-thru services to cater to changing consumer habits.