Whale Large Capital
  • Politics
  • World News
  • Business
  • Investing
  • Politics
  • World News
  • Business
  • Investing

Whale Large Capital

Business

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

by 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
Father and son fraudsters sentenced in case of $100 million New Jersey deli
next post
Walgreens doubles down on prescription-filling robots to cut costs, free up pharmacists amid turnaround

You may also like

Walgreens to close 1,200 stores over the next...

October 15, 2024

Donatella Versace steps down as head of Italian...

March 13, 2025

Tariffs or not, a Chinese baby products company...

May 20, 2025

U.S. could take stakes in more firms, White...

August 26, 2025

Home prices hit record high in June on...

August 28, 2024

The CEO in chief: How Trump is getting...

August 15, 2025

Wizz Air launches $550 ‘all you can fly’...

August 15, 2024

Murdoch family battle highlights Nevada’s secret trust boom

August 14, 2024

E.l.f. Beauty to acquire Hailey Bieber skin care...

May 29, 2025

Court rejects Boeing plea deal tied to 737...

December 6, 2024

    Subscribe today to receive exclusive access to all our retirement secrets and income strategies, including special financial news and updates from our experts. From time to time, our newsletters feature valuable insights and analysis on the latest financial trends. Don't miss out on these exclusive updates – join our subscription to stay informed!


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



    Latest

    • Inside Trump’s first-year power plays and the court fights testing them

      January 1, 2026
    • China’s global aggression check: Taiwan tensions, military posturing and US response in 2025

      January 1, 2026
    • Black Republican calls for total, permanent abolition of DEI: ‘I want to earn every opportunity on merit’

      January 1, 2026
    • DOJ outlines 10 ‘wins’ under Trump, says agency restored after Biden era

      January 1, 2026
    • Venezuela arrests more Americans as Trump ramps up pressure on Maduro: report

      December 31, 2025
    • Treasury targets oil traders, tankers accused of helping Maduro evade U.S. sanctions

      December 31, 2025

    Categories

    • Business (838)
    • Investing (661)
    • Politics (6,812)
    • World News (3,213)
    • Terms & Conditions
    • Privacy Policy
    • Contact us
    • About us

    Disclaimer: WhaleLargeCapital.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 WhaleLargeCapital.com | All Rights Reserved