Bull Hedging
  • Politics
  • Stocks
  • Business
  • Investing
  • Politics
  • Stocks
  • Business
  • Investing

Bull Hedging

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

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

From tariffs to DOGE, what companies are saying...

February 19, 2025

Lucid CEO steps down; EV maker plans to...

February 28, 2025

McDonald’s to close three CosMc’s locations — and...

January 13, 2025

Elon Musk and Sam Altman spar over Trump’s...

January 25, 2025

Chipotle to expand to Mexico amid Trump trade...

April 22, 2025

Even at $8M per Super Bowl commercial, ad...

February 9, 2025

Universal’s new Epic Universe park set to generate...

April 17, 2025

Treasury Dept. will not enforce ownership information reporting...

March 4, 2025

Nvidia says Anthropic is telling ‘tall tale’ in...

May 2, 2025

USPS resumes shipments from China in abrupt about-face

February 6, 2025

Recent Posts

  • Unlock the Power of StockCharts’ NEW Market Summary Dashboard | Walkthrough & Tips
  • Market Maker Manipulation; Oops, They Did It Again!
  • 50% of S&P 500 Stocks Just Turned Bullish – What Happens Next?
  • Bullish Breadth Improvement Suggests Further Upside For Stocks
  • Tariff Tensions Ease, Nasdaq Soars — But is SMH the Emerging Leader?

Recent Comments

No comments to show.

About Us

About Us

Design Magazine

Welcome to Design Magazine. Follow us for daily & updated design tips, guide and knowledge.

Stay Connect

Facebook Twitter Instagram Pinterest Youtube Email

Recent Posts

  • Unlock the Power of StockCharts’ NEW Market Summary Dashboard | Walkthrough & Tips

    May 14, 2025
  • Market Maker Manipulation; Oops, They Did It Again!

    May 14, 2025
  • 50% of S&P 500 Stocks Just Turned Bullish – What Happens Next?

    May 14, 2025
  • Bullish Breadth Improvement Suggests Further Upside For Stocks

    May 14, 2025
  • Tariff Tensions Ease, Nasdaq Soars — But is SMH the Emerging Leader?

    May 14, 2025
  • Trump’s ‘wrong-headed’ effort to lower drug costs amounts to price control: expert

    May 14, 2025

Editors’ Picks

  • 1

    Small Caps are Set to Skyrocket in 2025—Here’s What You Need to Know

    December 12, 2024
  • 2

    Trump leaves China guessing what his next move is with unusual inauguration invitation

    December 15, 2024
  • 3

    Uranium Price Forecast: Top Trends That Will Affect Uranium in 2025

    December 19, 2024
  • 4

    Ad revenue should stabilize for media companies in 2025 — if they have sports

    December 31, 2024
  • 5

    Zinc Stocks: 4 Biggest Canadian Companies in 2025

    January 15, 2025
  • 6

    Trudeau declares himself ‘proud feminist’ after lamenting Harris loss to Trump as setback for women

    December 13, 2024
  • 7

    Lead Price Forecast: Top Trends for Lead in 2025

    January 11, 2025
Promotion Image

banner

Categories

  • Business (347)
  • Investing (1,114)
  • Politics (1,386)
  • Stocks (439)
  • About us
  • Contacts
  • Privacy Policy
  • Terms and Conditions
  • Email Whitelisting

Disclaimer: bullhedging.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 bullhedging.com | All Rights Reserved