Thursday, May 15, 2025
Invest Strategies Group
  • Investing
  • Economy
  • Business
  • Stock
No Result
View All Result
Invest Strategies Group
  • Investing
  • Economy
  • Business
  • Stock
No Result
View All Result
Invest Strategies Group
No Result
View All Result
Home Business

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

admin by admin
May 14, 2025
in Business
0
McDonald’s announces plan to hire 375,000 employees this summer
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

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

Previous Post

Father and son fraudsters sentenced in case of $100 million New Jersey deli

Next Post

Stallion Uranium Announces Failure to File Cease Trade Order

admin

admin

Next Post
Stallion Uranium Announces Failure to File Cease Trade Order

Stallion Uranium Announces Failure to File Cease Trade Order

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recommended

    How to Trade MicroStrategy’s Painful Plunge: The Levels Every Investor Must Watch

    How to Trade MicroStrategy’s Painful Plunge: The Levels Every Investor Must Watch

    November 27, 2024
    Netflix maintained its 2025 guidance. That may not be the sign of confidence it seems.

    Netflix maintained its 2025 guidance. That may not be the sign of confidence it seems.

    April 21, 2025

    Recent News

    Unlock the Power of StockCharts’ NEW Market Summary Dashboard | Walkthrough & Tips

    Unlock the Power of StockCharts’ NEW Market Summary Dashboard | Walkthrough & Tips

    May 14, 2025
    50% of S&P 500 Stocks Just Turned Bullish – What Happens Next?

    50% of S&P 500 Stocks Just Turned Bullish – What Happens Next?

    May 14, 2025
    Bullish Breadth Improvement Suggests Further Upside For Stocks

    Bullish Breadth Improvement Suggests Further Upside For Stocks

    May 14, 2025
    Tariff Tensions Ease, Nasdaq Soars — But is SMH the Emerging Leader?

    Tariff Tensions Ease, Nasdaq Soars — But is SMH the Emerging Leader?

    May 14, 2025
    Invest Strategies Group

    Browse by Category

    • Business
    • Economy
    • Investing
    • Stock

    Recent News

    Unlock the Power of StockCharts’ NEW Market Summary Dashboard | Walkthrough & Tips

    Unlock the Power of StockCharts’ NEW Market Summary Dashboard | Walkthrough & Tips

    May 14, 2025
    50% of S&P 500 Stocks Just Turned Bullish – What Happens Next?

    50% of S&P 500 Stocks Just Turned Bullish – What Happens Next?

    May 14, 2025
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 investstrategiesgroup.com | All Rights Reserved

    No Result
    View All Result
    • Home 1
    • Home 2
    • Home 3
    • Home 4
    • Home 5
    • Home 6
    • Privacy Policy
    • Suspicious Page
    • Terms & Conditions
    • Thank you

    Copyright © 2025 investstrategiesgroup.com | All Rights Reserved