Stocks Flux
  • Business
  • Politics
  • Latest news
  • World News
  • Business
  • Politics
  • Latest news
  • World News

Stocks Flux

Business

McDonald’s announces plan to hire 375,000 employees this summer

by admin May 14, 2025
May 14, 2025
McDonald’s announces plan to hire 375,000 employees this summer

McDonald’s announced a plan to hire 375,000 employees across the U.S. this summer.

The plan, announced on Monday, is one of the fast-food chain’s largest hiring pushes in years, according to a news release. It goes hand in hand with McDonald’s goal to open 900 new restaurants in the U.S. by 2027 and its plan to serve more customers during summer months.

Joe Erlinger, McDonald’s president for the U.S., met with Department of Labor Secretary Lori Chavez-DeRemer at a location just outside of Columbus, Ohio, to announce the news. The hiring will be across McDonald’s company-owned and franchised locations, according to a company spokesperson.

The news comes amid the Trump administration’s push for businesses to invest more in the U.S. The White House reported that it secured more than $5 trillion in new investment promises in the U.S. during Trump’s first 100 days in office.

Those investments include a $500 billion plan in manufacturing by Apple, and $500 billion investment plans announced by Nvidia and by a coalition of companies including SoftBank and Oracle.

Earlier this month, McDonald’s reported its worst quarterly sales for the U.S. since the height of the pandemic in 2020.

The restaurant company reported U.S. same-store sales fell 3.6%, the largest three-month drop since Q2 2020, when they plunged 8.7%. Forecasts had been for a decline of just 1.7%.

McDonald’s executives told investors during a call that the reason for the decline was that ‘people are just visiting less,’ adding that traffic among middle-income diners fell by “nearly double digits” alongside an ongoing drop-off among low-income ones. As an example, they said more people appear to be skipping breakfast entirely to cut back on spending, or eating breakfast at home.

The fast-food chain has over 38,000 locations in over 100 countries, and is aiming for 50,000 by 2027.



This post appeared first on NBC NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
Microsoft to cut 3% of its workforce
next post
Key Biden agency dropped $60K on overseas conference with DEI workshop: ‘Should never happen’

You may also like

Inflation picks up again in June as tariffs...

July 17, 2025

FCC greenlights Paramount’s $8 billion merger with entertainment...

July 26, 2025

With Trump all-in on crypto, bitcoin bulls bet...

February 14, 2025

From pandemic struggles to St. Patrick’s Day crowds,...

March 17, 2025

Musk says he’s sending Starlink tech to FAA...

March 3, 2025

Kraft Heinz to split into two companies

September 3, 2025

Trump implies government could cut contracts and subsidies...

June 8, 2025

PepsiCo buys prebiotic soda brand Poppi for nearly...

March 18, 2025

Tesla agrees to first deal to build China’s...

June 21, 2025

Argentine President Milei faces impeachment calls for promoting...

February 20, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (449)
    • Latest news (10)
    • Politics (2,287)
    • World News (1,369)
    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions

    Politics

    • Trump meets NATO’s Rutte amid canceled Putin meeting: ‘It didn’t feel right to me’

      October 23, 2025
    • FLASHBACK: Ted Cruz predicts ballooning Obamacare subsidies now at center of shutdown fight

      October 23, 2025
    • Sparks fly as Cuomo, Mamdani tear into each other during fiery debate: ‘Toxic energy’

      October 23, 2025
    May 2025
    M T W T F S S
     1234
    567891011
    12131415161718
    19202122232425
    262728293031  
    « Apr   Jun »

    Copyright © 2025 stocksflux.com | All Rights Reserved