McDonald's Indonesia Employee Satisfaction Declined in 2022

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Adi Ahdiat 03/04/2023 11:00 WIB

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McDonald's is reportedly planning layoffs. This plan surfaced after their profits declined in 2022.

McDonald's Global Net Income (2018-2022)

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McDonald's Indonesia Employee Satisfaction Declined in 2022

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McDonald's Global Net Income (2018-2022)

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McDonald's (McD) temporarily closed its US offices starting late March 2023. The fast-food restaurant is also reportedly preparing for layoffs as part of a company restructuring. "On April 3, 2023, we will announce important decisions regarding roles and staffing levels across the organization," McD management said, as reported by Reuters on Monday, April 3, 2023.

This layoff plan emerged after McD's profits fell last year. Throughout 2022, they recorded a net profit of approximately USD 6.2 billion, an 18% decrease year-on-year (YoY).

According to its official website, McD will close 400 restaurants throughout 2023. However, they also plan to open 1,900 new restaurants in various countries this year.

McD management has not provided details on the locations of the restaurant closures and openings.

As of the end of 2022, McD had approximately 40,300 restaurants in 115 countries. The majority are located in the US (13,400 restaurants), China (4,900 restaurants), and Japan (2,900 restaurants).

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."