Fast-food giant announces closures and layoffs amidst virtual shift.
McDonald's is closing its field offices in the US and going virtual as part of its "Accelerating the Organization" plan. The move is believed to reduce redundancies between the East and West zones. The company will keep its 10 US field support teams, but employees will now work remotely. The exact number of layoffs is unknown but is reported to be in the "hundreds." The effects of the pandemic have taken its toll on the company, which has been one of the reasons behind the mass closures.