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18 Jun 2016

McDonald's may shift some jobs to India in cost-cutting move

Fast food giant McDonald's may be planning to outsource jobs to India as part of a USD 500 million cost reduction plan it announced last November, a media report said.

05 May 2015

McDonald's reset to change structure, cut costs, boost franchises

McDonald`s Corp`s new chief executive officer said on Monday he would reorganize business units, sell restaurants to franchisees and cut costs in a bid to turn the fast-food chain into a "modern, progressive burger company."

04 May 2015

McDonald's CEO releases turnaround plan, stock dips

McDonald`s Corp`s new chief executive officer on Monday laid out a turnaround plan that includes reorganizing the company`s operating units, selling more restaurants to franchisees and cutting costs.

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