Fast-food chain McDonald's Corp is temporarily closing its offices in the US this week as it prepares to inform corporate employees about its layoffs as part of a broader company restructuring, citing a Wall Street Journal report news agency Reuters said.
According to the report, in an internal email last week to US employees and some international employees, McDonald's asked them to work from home from Monday through Wednesday so it can deliver staffing decisions virtually, the report said. It is unclear how many employees will be laid off.
"During the week of April 3, we will communicate key decisions related to roles and staffing levels across the organization," the Chicago-based company said in the message viewed by the Journal.
McDonald's also asked employees to cancel all in-person meetings with vendors and other outside parties at its headquarters, the report added. The burger chain, however, did not immediately respond to Reuters' request for a comment.
McDonald's in January said that it would review corporate staffing levels as part of an updated business strategy, which could lead to layoffs in some areas and expansion in others.
McDonald's is expected to begin announcing key decisions by Monday.
Last week, Microsoft-owned open-source developer platform GitHub has sacked its entire engineering team in India, according to a report by TechCrunch. The report cited a person familiar with the matter saying that over 100 workers have been affected. It says the company informed the employees about the job cut.
IT services firm Accenture on Thursday said it would lay off about 2.5 per cent of its workforce, or 19,000 employees, becoming the latest major company to announce job cuts. Accenture announced the layoffs to streamline operations and transform corporate functions to reduce costs.
Earlier, several US-based tech giants announced layoffs.
Facebook parent Meta in March announced that it would cut another 10,000 jobs, just four months after it let go 11,000 employees. The layoff was confirmed by Facebook founder and CEO in a post.