Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
Tesla Expands Affordable Model 3 Lineup in Europe to Boost EV Demand 
Microchip Technology Boosts Q3 Outlook on Strong Bookings Momentum 
USPS Expands Electric Vehicle Fleet as Nationwide Transition Accelerates 
Netflix Nearing Major Deal to Acquire Warner Bros Discovery Assets 
Amazon Italy Pays €180M in Compensation as Delivery Staff Probe Ends 
GM Issues Recall for 2026 Chevrolet Silverado Trucks Over Missing Owner Manuals 
Anthropic Reportedly Taps Wilson Sonsini as It Prepares for a Potential 2026 IPO 
Visa to Move European Headquarters to London’s Canary Wharf 
Michael Dell Pledges $6.25 Billion to Boost Children’s Investment Accounts Under Trump Initiative 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
Airline Loyalty Programs Face New Uncertainty as Visa–Mastercard Fee Settlement Evolves 
McDonald’s Corporation is shutting down its offices in the United States and reportedly preparing to release layoff notifications to its employees. The closing of the workplace will be temporary, but job cuts are imminent as the fast-food chain restructures.
McDonald's is closing its U.S. offices this week, and corporate employees may receive job termination notices soon. This comes as the burger joint made the decision to restructure that will include most of the company's business divisions.
As per Fox Business, McDonald's sent out an email to its staff in the U.S. last week. Some international workers also received the email, and they were informed that starting Monday this week, they should work from home until Wednesday. The fast-food chain said this setup would allow it to send staffing decisions online.
"During the week of April 3, we will communicate key decisions related to roles and staffing levels across the organization," part of McDonald’s internal email to employees reads via The Wall Street Journal. "During the week of April 3, we will communicate key decisions related to roles and staffing levels across the organization,"
The company did not say how many staff are going to be affected by the upcoming job cuts in the midst of the restructuring. It was noted that McDonald’s chief executive officer, Chris Kempczinski, already warned workers about the possible layoffs by telling them in January that difficult discussions and decisions are in the offing.
"We will evaluate roles and staffing levels in parts of the organization and there will be difficult discussions and decisions ahead," the CEO said. "Some jobs that are existing today are either going to get moved or those jobs may go away."
Finally, Reuters reported that McDonald’s also requested its staff to cancel all in-person meetings with the company’s vendors and other external parties at its HQ. the company could not be immediately reached for comments.
Photo by: Eshak Angell/Unsplash
