12 Replies to “When You Cancel The McRib…”

    1. Good reference. A key sentence for me is right here.
      “Expenses have to be cut. Advertising budgets reduced. Administration costs reduced.”

      Long story short, that means public dumpsters like CNBC can perhaps expect a disproportionate amount of the advertising cut. McDonalds customers are somewhat less likely to watch CNBC. So its television advertising points are more likely to be overpriced for McDonalds. Anything which damages CNBC is likely a good thing.

  2. If the one place where you can still get a reasonably priced meal can’t make ends meet, that probably spells the end of the restaurant industry in general. They will once again become a place where only the wealthy can afford to dine.

    1. Cheap meat in the form of bugz might stave off death of the industry.
      Soylent may be its savior , well something productive needs doing with the MAiD waste.

    2. Reasonably priced? While out shopping recently the wife and I took my daughter and two grandsons to McDonalds. The bill came to $93.00 and change.

  3. McDonald’s has 150,000 employees in its company-owned locations and offices globally, with 70% of those positions outside of the United States

    Yeah … Mikkey D’s gonna move the last 30% of its jobs outside the US. Thanks Joe Bidinh

    2. I suspect they will be moving out of Chicago…..fewer employees means fewer moving trucks

  4. Always amazed how busy that place is.. The cost of the food they are offering compared to the quality is not good.. I feel ripped off when every 6 months or so I visit the place.. That’s just me.. Obviously tons of other people don’t see it that way..

    1. … call it a “convenience fee”.

      A fee I’m willing to pay when I am on the road, or traveling with a car of hungry kids. OTOH … I prefer CHRISTIAN OWNED In N Out Burger and my relatively new discovery … Chick Fil A. Much better fast food … and OMG! The efficient, helpful, and polite young people working for Chick Fil A is ASTOUNDING in this nihilist muh rap culture.

  5. 150,000 employees in corporate offices and corporate owned restaurants.

    My guess is a lot of those 150,000 are actual restaurant workers. Their jobs are probably not on the line in this layoff, unless they close entire restaurants. The layoffs are going to be at the main HQ and regional HQ.

    The question is who?
    Marketing? Maybe their McDonalds Happy Meal toys are not moving food anymore, since Hollywood is putting out so many stinkers lately?
    New product/menu item development? 70 different chicken sandwiches? The guy or girl in charge of ice cream machines?
    HR and DIE (Diversity, Inequality, and Exclusion) bureaucrats? Maybe they realize that customers do not care if their burger flipper is non-binary, or has special pronouns as long as their food is hot and quick.

    Maybe they think they need to increase the MCD Share price this year, and laying off a bunch of well paid corporate office drones is a good way to do it?

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