Sport Investors League
  • Politics
  • Stocks
  • Investing
  • Business

Sport Investors League

  • Politics
  • Stocks
  • Investing
  • Business
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
Gold Price Drops Over US$100 as US and China Agree to Tariff Pause

Related Posts

Bank of America CEO says U.S. consumers and...

May 31, 2024

Starbucks will stop charging extra for nondairy milk

November 1, 2024

Amazon extends Prime Day discounts to 4 days...

July 10, 2025

Inside the $1 billion berry startup backed by...

April 28, 2025

FDIC Chair Martin Gruenberg to resign after damning...

May 21, 2024

Apple Watch getting redesigned blood oxygen feature following...

August 16, 2025

The Fed may soon cut interest rates. That...

July 11, 2024

Musk says time commitment to DOGE will ‘drop...

April 24, 2025

Uber delivery chief Gore-Coty is leaving after almost...

June 4, 2025

Nvidia’s Jensen Huang is ‘dead wrong’ about quantum...

January 9, 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.

    Recent

    • Zeldin, McCain hammer Crockett on Epstein donations claim

      November 21, 2025
    • Trump’s trillion-dollar Saudi deal could reshape markets — if the money ever materializes

      November 21, 2025
    • Vance says Trump admin has ‘great’ healthcare plan coming, wants to work with Dems: ‘Politics be damned’

      November 21, 2025
    • White House shuts down reports US backtracked on Trump’s G20 boycott

      November 21, 2025
    • US and Russia draft peace plan for Ukraine requiring major concessions from Kyiv

      November 21, 2025

    Categories

    • Business (1,131)
    • Investing (3,532)
    • Politics (4,306)
    • Stocks (1,155)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sportinvestorsleague.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 sportinvestorsleague.com | All Rights Reserved