---
title: "CNBC: McDonald's plans to lay off workers as it streamlines management"
url: https://burnaze.com/article/882a1665-552f-4ae1-bfbc-33694b875c10
source: "1851 Franchise"
original_url: https://1851franchise.com/cnbc-mcdonalds-plans-to-lay-off-workers-as-it-streamlines-management-2706757
category: "Burger"
industry: "Restaurants"
segment: "Burger"
topics: ["Finance & M&A","Operations"]
published: 2018-06-07T20:15:09.000Z
modified: 2026-11-01T02:00:41.785Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/7b3f608be2db181fcf69540f2f5966138255.jpg
---

# CNBC: McDonald's plans to lay off workers as it streamlines management

**TL;DR:** McDonald's plans to lay off corporate workers as part of a cost-cutting effort to reduce expenses by $500 million in 2019. The company will provide more details during its town hall meeting on June 12.

*originally published in 1851 Franchise on 2018-06-07. [Read the original](https://1851franchise.com/cnbc-mcdonalds-plans-to-lay-off-workers-as-it-streamlines-management-2706757).*

## Story

According to CNBC , McDonald's is planning to reduce expenses in 2019 by $500 million by laying off corporate workers. The fast-food franchise sent an email to all U.S. employees, suppliers and franchises to share the news. The number of workers to be laid off has not been announced, but the franchise plans to provide more details during its town hall meeting on June 12.

"We are always evaluating ways to better serve our customers and continue to grow our business," Terri Hickey, a spokeswoman for McDonald's, told CNBC via email. "With that in mind, we are putting into place a new U.S. field structure that will better support our franchisees and will ensure McDonald's continues on a path to being more dynamic, nimble and competitive."

The downsizing announcement comes days after McDonald's opened its new headquarters in Chicago .

## Entities

- 1851 Franchise (publication)
- Restaurants (sector)
- McDonald's (company)
- Chicago (location)
- layoffs (topic)
- cost cutting (topic)
- corporate restructuring (topic)

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Originally reported by 1851 Franchise (https://1851franchise.com/cnbc-mcdonalds-plans-to-lay-off-workers-as-it-streamlines-management-2706757). Summarized by Burnaze (https://burnaze.com/article/882a1665-552f-4ae1-bfbc-33694b875c10).