Trade Masters Chronicle
  • Economy
  • Editor’s Pick
  • Investing
  • Latest News
No Result
View All Result
  • Economy
  • Editor’s Pick
  • Investing
  • Latest News
No Result
View All Result
Trade Masters Chronicle
No Result
View All Result

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

by
May 13, 2025
in Editor's Pick
0
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
Previous Post

Saudis deploy mobile McDonald’s for Trump’s trip to the kingdom

Next Post

US cuts defense ties with Cuba over ‘non-cooperation’ after harboring terror fugitives

Next Post
US cuts defense ties with Cuba over ‘non-cooperation’ after harboring terror fugitives

US cuts defense ties with Cuba over ‘non-cooperation’ after harboring terror fugitives

  • Trending
  • Comments
  • Latest
Gold and silver: the price of gold has resistance at $2360

Gold and silver: the price of gold has resistance at $2360

May 29, 2024
S&P 500 climbed 0.3%, and Nasdaq-100 futures  jumped 0.7%

S&P 500 climbed 0.3%, and Nasdaq-100 futures jumped 0.7%

December 4, 2024
Amazon’s $4 billion investment in AI firm Anthropic faces U.K. merger investigation

Amazon’s $4 billion investment in AI firm Anthropic faces U.K. merger investigation

August 9, 2024
Is XRP a Good Investment? Expert Insights for 2024

Is XRP a Good Investment? Expert Insights for 2024

July 12, 2024
House Republicans face down Dem attacks, protests to pull all-nighter on Trump’s ‘big, beautiful bill’

House Republicans face down Dem attacks, protests to pull all-nighter on Trump’s ‘big, beautiful bill’

0
Wendy’s will offer $3 breakfast deal, as rivals such as McDonald’s test value meals to drive sales

Wendy’s will offer $3 breakfast deal, as rivals such as McDonald’s test value meals to drive sales

0
Amal Clooney played key role in ICC arrest warrants for Netanyahu, Hamas leaders

Amal Clooney played key role in ICC arrest warrants for Netanyahu, Hamas leaders

0
Ivan Boesky, inspiration for ‘Wall Street’ villain Gordon Gekko, dead at 87

Ivan Boesky, inspiration for ‘Wall Street’ villain Gordon Gekko, dead at 87

0
House Republicans face down Dem attacks, protests to pull all-nighter on Trump’s ‘big, beautiful bill’

House Republicans face down Dem attacks, protests to pull all-nighter on Trump’s ‘big, beautiful bill’

May 14, 2025
Father and son fraudsters sentenced in case of $100 million New Jersey deli

Father and son fraudsters sentenced in case of $100 million New Jersey deli

May 13, 2025
UnitedHealth CEO suddenly steps down for ‘personal reasons’

UnitedHealth CEO suddenly steps down for ‘personal reasons’

May 13, 2025
Microsoft to cut 3% of its workforce

Microsoft to cut 3% of its workforce

May 13, 2025
Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recent News

    House Republicans face down Dem attacks, protests to pull all-nighter on Trump’s ‘big, beautiful bill’

    House Republicans face down Dem attacks, protests to pull all-nighter on Trump’s ‘big, beautiful bill’

    May 14, 2025
    Father and son fraudsters sentenced in case of $100 million New Jersey deli

    Father and son fraudsters sentenced in case of $100 million New Jersey deli

    May 13, 2025
    UnitedHealth CEO suddenly steps down for ‘personal reasons’

    UnitedHealth CEO suddenly steps down for ‘personal reasons’

    May 13, 2025
    Microsoft to cut 3% of its workforce

    Microsoft to cut 3% of its workforce

    May 13, 2025

    Top News

    House Republicans face down Dem attacks, protests to pull all-nighter on Trump’s ‘big, beautiful bill’

    House Republicans face down Dem attacks, protests to pull all-nighter on Trump’s ‘big, beautiful bill’

    May 14, 2025
    Father and son fraudsters sentenced in case of $100 million New Jersey deli

    Father and son fraudsters sentenced in case of $100 million New Jersey deli

    May 13, 2025

    Latest News

    • House Republicans face down Dem attacks, protests to pull all-nighter on Trump’s ‘big, beautiful bill’
    • Father and son fraudsters sentenced in case of $100 million New Jersey deli
    • UnitedHealth CEO suddenly steps down for ‘personal reasons’

    About Trade Masters Chronicle

    • About us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 TradeMastersChronicle.com. All Rights Reserved.

    No Result
    View All Result
    • Economy
    • Editor’s Pick
    • Investing
    • Latest News

    Copyright © 2025 TradeMastersChronicle.com. All Rights Reserved.