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6/18/2020, 9:25 PM (Source: TeleTrader)
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McDonald's to hire 260,000 workers in US

McDonald's Corp. announced on Thursday it expects to hire 260,000 restaurant employees in the United States this summer, as dining rooms are reopening across the country.

"We’ve put new minimum national standards and nearly 50 new processes in place in our restaurants as they continue to re-open safely and judiciously," Joe Erlinger, President of McDonald’s USA said in a statement posted on company's website.

McDonald's posted an annual drop in revenues of 6.2% in the first quarter of the year, while its net income dropped by 17% in annual terms due to the disruption in business caused by the COVID-19 pandemic. The company's international sales in April and May were severely affected by the restaurant closures due to the pandemic.

Baha Breaking News (BBN) / SR