Smart Trade Insights
  • Business
  • Economy
  • Investing
  • Politics
Top Posts
Crypto Market Update: JPMorgan Deploys Dollar Deposit Token,...
Crypto Market Update: Bitcoin ETFs Face US$870 Million...
Hemp THC Recriminalization: A Blow to a Blooming...
Tech Weekly: Stock Valuation Fears Persist as US...
Syntheia Announces Shares for Debt Transaction
Dana Samuelson: Gold, Silver in Global Bank Run,...
Mike Maloney: Gold, Silver Bull Run in Final...
Editor’s Picks: Gold and Silver Prices Rise as...
Gold’s Long Game: New Orleans Panelists See More...
Top 5 Canadian Mining Stocks This Week: Adex...
  • Business
  • Economy
  • Investing
  • Politics

Smart Trade Insights

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

You may also like

Possible work stoppage at Canada’s two largest railroads...

August 20, 2024

Home Depot is buying GMS for about $4.3...

July 1, 2025

Peloton announces Ford exec, founder of Apple Fitness+...

November 2, 2024

How UnitedHealthcare became the face of America’s health...

May 23, 2025

Nvidia overtakes Apple as world’s most valuable company

October 29, 2024

GM ditching ‘Ultium’ name for batteries and tech...

October 11, 2024

Dick’s Sporting Goods is latest retailer to forecast...

March 12, 2025

Apple announces iPhone event for Sept. 9

August 27, 2024

Boeing strike ends after machinists approve new labor...

November 6, 2024

OpenAI tops 3 million paying business users, launches...

June 5, 2025

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Crypto Market Update: JPMorgan Deploys Dollar Deposit Token, Visa Launches Stablecoin Pilot

      November 15, 2025
    • Crypto Market Update: Bitcoin ETFs Face US$870 Million in Outflows, Price Hits Six Month Low

      November 15, 2025
    • Hemp THC Recriminalization: A Blow to a Blooming Industry

      November 15, 2025
    • Tech Weekly: Stock Valuation Fears Persist as US Government Reopens

      November 15, 2025
    • Syntheia Announces Shares for Debt Transaction

      November 15, 2025
    Promotion Image

    banner ads

    Categories

    • Business (902)
    • Economy (829)
    • Investing (3,257)
    • Politics (737)
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: smarttradeinsights.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 smarttradeinsights.com | All Rights Reserved