Capital Adept
  • Politics
  • Investing
  • Stocks
  • Business
  • Politics
  • Investing
  • Stocks
  • Business

Capital Adept

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
UnitedHealth CEO suddenly steps down for ‘personal reasons’
next post
Gold Price Drops Over US$100 as US and China Agree to Tariff Pause

Related Posts

Apple crushes Wall Street expectations as iPhone sales...

August 1, 2025

Restaurant chain Hooters files for bankruptcy protection to enable founder-led...

April 2, 2025

Retail panic: What the end of the ‘de...

August 30, 2025

Trump says U.S. will impose new tariffs on...

September 30, 2025

Amazon’s Zoox robotaxi unit issues software recall after...

May 7, 2025

‘Eat now, pay later’? DoorDash-Klarna deal fuels concerns...

March 26, 2025

White House accuses Powell of mismanaging Federal Reserve,...

July 11, 2025

Hermès to hike U.S. prices for iconic bags...

April 18, 2025

Father and son fraudsters sentenced in case of...

May 14, 2025

YouTube will stream NFL Week 1 game in...

May 15, 2025

    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.

    Editors’ Picks

    • 1

      Copper Price Update: Q1 2025 in Review

      April 14, 2025
    • 2

      The Best Five Sectors, #10

      March 14, 2025
    • 3

      DP Trading Room: Market Sell-Off

      March 14, 2025
    • 4

      5 Strong Stocks Defying the Bearish Market!

      March 14, 2025
    • 5

      Sector Rotation Warning: More Downside Ahead for US Markets?

      March 14, 2025
    • 6

      Transform Your Investing Strategy: Uncover the 3 Game-Changing Rules

      March 14, 2025
    • 7

      Did Friday’s Reversal Mark A Major Bottom?

      March 14, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 capitaladept.com | All Rights Reserved