China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand 
Fortescue Expands Copper Portfolio With Full Takeover of Alta Copper 
Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface 
SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market 
Ireland Limits Planned Trade Ban on Israeli Settlements to Goods Only 
Global Markets Slide as Tech Stocks Sink, Yields Rise, and AI Concerns Deepen 
United Airlines Flight to Tokyo Returns to Dulles After Engine Failure During Takeoff 
Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push 
Dollar Struggles as Markets Eye Key Central Bank Decisions and Global Rate Outlooks 
Japan PMI Data Signals Manufacturing Stabilization as Services Continue to Drive Growth 
Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership 
Azul Airlines Wins Court Approval for $2 Billion Debt Restructuring and New Capital Raise 
Oil Prices Slip in Asia as 2026 Supply Glut Fears and Russia-Ukraine Talks Weigh on Markets 
Woolworths Faces Fresh Class Action Over Alleged Underpayments, Shares Slide 
Asian Stocks Slide as AI Valuation Fears and BOJ Uncertainty Weigh on Markets 
S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
McDonald’s may undergo reorganization, and job cuts may also be on the cards. It was reported that the fast-food chain’s chief executive officer, Chris Kempczinski, already told employees about the plans on Friday, Jan. 6, through a memo. He warned them that “difficult discussions and decisions” are up ahead.
According to CNBC, McDonald’s is taking these steps as it made the decision to refocus its priorities as it works on speeding up the expansion of its restaurants. The CEO clarified to employees that the layoffs are not being carried out as a cost-cutting measure, but it is to help the company to work more efficiently and progress at a faster rate.
At present, the burger joint’s corporate organization is operating in three divisions, and these are the United States, the international developmental licensed markets, and the international operated markets. All in all, McDonald’s is doing business in 119 markets around the world, and the current aim is to expand further. The company said it would accelerate the plans to build new outlets.
Moreover, as the company reorganizes, it will remove some initiatives from its priority list. Kempczinski did not mention which of the projects are being suspended.
“Today, we are divided into silos with a center, segments, and markets,” the McDonald’s chief said in the memo. “This approach is outdated and self-limiting – we are trying to solve the same problems multiple times, aren’t always sharing ideas and can be slow to innovate.”
He added, “We must accelerate the pace of our restaurant openings to fully capture the increased demand we have driven over the past few years.”
The CEO said they would be assessing job roles and staffing in various units of the organization. Afterwards, they will inform the affected employees about job termination by April 3. He explained that some of the workers might be transferred while others may be completely removed from the company.
Finally, Fox Business reported that McDonald's will now hasten the pace of its branch openings. It may also introduce new restaurant concepts to improve its service and offer more convenience to customers.
Photo by: Jason Miraples/Unsplash
