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
UnitedHealth CEO suddenly steps down for ‘personal reasons’
next post
Walgreens doubles down on prescription-filling robots to cut costs, free up pharmacists amid turnaround

You may also like

Government workers dismayed by Trump’s return-to-office mandate

January 27, 2025

Warren Buffett’s Berkshire Hathaway reveals new stake in...

August 16, 2025

Former Fed chairs warn that removing Lisa Cook...

September 27, 2025

’60 Minutes’ producer leaves show, citing a loss...

April 23, 2025

Trump signs executive order to end collective bargaining...

March 28, 2025

‘Moana 2’-led Thanksgiving box office could be best...

November 27, 2024

Classic car sales stall in Monterey auctions as...

August 27, 2024

Elon Musk’s Neuralink raises $650 million in fresh...

June 3, 2025

Starbucks union votes to authorize strike ahead of...

December 18, 2024

Temu halts shipping direct from China as de...

May 4, 2025

    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

    • Federal judge to sentence Justice Brett Kavanaugh’s attempted assassin

      October 3, 2025
    • Hawley blasts FDA approval of new abortion drug, cites safety and trust concerns

      October 2, 2025
    • The agency staff Vought might recommend cutting and whether the cuts will be permanent

      October 2, 2025
    • FLASHBACK: James Comey urged officials to always prosecute high-profile perjury cases

      October 2, 2025
    • Trump’s DOGE savings dwarfed by Medicare, Social Security spending, watchdog finds

      October 2, 2025
    • Reagan-appointed judge, once rebuked by Supreme Court, continues to lambaste Trump

      October 2, 2025

    Categories

    • Business (809)
    • Investing (661)
    • Politics (5,799)
    • 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