The Trader Harbor
  • Business
  • Politics
  • World News
  • Stocks
  • Business
  • Politics
  • World News
  • Stocks

The Trader Harbor

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
Father and son fraudsters sentenced in case of $100 million New Jersey deli
next post
State Department breaks down plan to deal with Columbia, Hamas, Rubio taking on NSA

Related Posts

Rare Michael Jordan, Kobe Bryant rookie jerseys expected...

March 7, 2025

GM cuts 50% of Cruise staff after ending...

February 6, 2025

In wake of L.A. wildfires, a diverse small...

March 4, 2025

FTC bans fake online reviews, inflated social media...

August 16, 2024

Soaring egg prices are threatening a classic holiday...

March 1, 2025

Home prices hit record high in June on...

September 1, 2024

McDonald’s revenue disappoints, as U.S. sales see worst...

February 11, 2025

NYSE says technical issue fixed after Berkshire Hathaway...

June 4, 2024

Boeing is in talks to reacquire fuselage maker...

March 5, 2024

Wealthy investors find opportunities in stock market sell-offs

August 13, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • The Real Drivers of This Market: AI, Semis & Robotics

      January 6, 2026
    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

      January 6, 2026
    • SCOOP: House Freedom Caucus lays out GOP battle plan ahead of Republicans’ huddle with Trump

      January 6, 2026
    • Johnson insists US ‘not at war’ after closed-door Venezuela briefing divides lawmakers

      January 6, 2026
    • Latin America fractures over Trump’s Maduro capture as regional allies shift right

      January 6, 2026
    • Maduro’s son gives ‘unconditional support’ to newly sworn in interim Venezuela president

      January 6, 2026

    Categories

    • Business (1,444)
    • Politics (5,434)
    • Stocks (1,875)
    • Uncategorized (45)
    • World News (1,437)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TheTraderHarbor, 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 thetraderharbor.com | All Rights Reserved