Financial Trade Freedom - Investing and Stock News
  • Investing
  • News
  • Editor’s Pick
  • Economy
  • Stock
  • Investing
  • News
  • Editor’s Pick
  • Economy
  • Stock
No Result
View All Result
Financial Trade Freedom - Investing and Stock News
No Result
View All Result
Home Economy

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

admin by admin
May 15, 2025
in Economy
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

Microsoft to cut 3% of its workforce

Next Post

Fortnite applies to launch on Apple’s App Store after Epic Games court win

Next Post
Fortnite applies to launch on Apple’s App Store after Epic Games court win

Fortnite applies to launch on Apple’s App Store after Epic Games court win

  • Trending
  • Comments
  • Latest
U.S. homebuilders raise alarm over tariffs as sentiment falls to 5-month low

U.S. homebuilders raise alarm over tariffs as sentiment falls to 5-month low

February 19, 2025
KFC moves U.S. headquarters from Kentucky to Texas

KFC moves U.S. headquarters from Kentucky to Texas

February 19, 2025
How Companies Use Derivatives To Hedge Risk

How Companies Use Derivatives To Hedge Risk

February 19, 2025
CDC eyes narrower COVID-19 vaccine guidance ahead of 2025–2026 season

CDC eyes narrower COVID-19 vaccine guidance ahead of 2025–2026 season

April 15, 2025
Trump wants Apple to shift iPhone production from India to the US: here’s what it means

Trump wants Apple to shift iPhone production from India to the US: here’s what it means

0
Retail sales slumped 0.9% in January, down much more than expected

Retail sales slumped 0.9% in January, down much more than expected

0
Denny’s set to close dozens more locations this year, though some openings planned too

Denny’s set to close dozens more locations this year, though some openings planned too

0
Amazon ‘anti-union propaganda,’ employee surveillance loom over labor vote at North Carolina warehouse

Amazon ‘anti-union propaganda,’ employee surveillance loom over labor vote at North Carolina warehouse

0
Trump wants Apple to shift iPhone production from India to the US: here’s what it means

Trump wants Apple to shift iPhone production from India to the US: here’s what it means

May 16, 2025
Abu Dhabi’s Mubadala boosts Bitcoin ETF stake to $408.5M despite Q1 slump

Abu Dhabi’s Mubadala boosts Bitcoin ETF stake to $408.5M despite Q1 slump

May 16, 2025
Estee Lauder stock price analysis: rebound can’t be ruled out

Estee Lauder stock price analysis: rebound can’t be ruled out

May 16, 2025
Asian markets close: Nikkei flat as Japan’s GDP contracts; Sensex dips 200 pts

Asian markets close: Nikkei flat as Japan’s GDP contracts; Sensex dips 200 pts

May 16, 2025

    Get Smarter with Your Money – Sign Up for Free Financial Tips!


    Join our community of savvy savers and investors! By signing up, you'll receive weekly emails packed with personalized financial tips, budgeting hacks, and investment strategies tailored to your income level. Take control of your finances today – it’s free and only takes a minute!

    Recent News

    Trump wants Apple to shift iPhone production from India to the US: here’s what it means

    Trump wants Apple to shift iPhone production from India to the US: here’s what it means

    May 16, 2025
    Abu Dhabi’s Mubadala boosts Bitcoin ETF stake to $408.5M despite Q1 slump

    Abu Dhabi’s Mubadala boosts Bitcoin ETF stake to $408.5M despite Q1 slump

    May 16, 2025
    Estee Lauder stock price analysis: rebound can’t be ruled out

    Estee Lauder stock price analysis: rebound can’t be ruled out

    May 16, 2025
    Asian markets close: Nikkei flat as Japan’s GDP contracts; Sensex dips 200 pts

    Asian markets close: Nikkei flat as Japan’s GDP contracts; Sensex dips 200 pts

    May 16, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Disclaimer: FinancialTradeFreedom.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 financialtradefreedom.com | All Rights Reserved

    No Result
    View All Result
    • About us
    • Contacts
    • Email Whitelisting
    • Investing and Stock News
    • Privacy Policy
    • Terms and Conditions
    • Thank you

    Disclaimer: FinancialTradeFreedom.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 financialtradefreedom.com | All Rights Reserved