McDonald's Corp. is expected to announce job cuts in the U.S. as part of its plans to reorganize regional offices across the nation and shrink the corporate structure, The Wall Street Journal reported, citing a company memo sent to employees.
The memo from McDonald's USA President Chris Kempczinski did not reveal the scope of the layoffs. He plans to provide additional details at a June 12 town hall meeting.
"I recognize that change is difficult, and that eliminating layers within our organization means some employees will ultimately exit our system," Kempczinski said in the memo, which was also sent to suppliers and franchisees.
Kempczinski also said in a video message accompanying the memo that the company will be "eliminating layers" that exist between CEO Steve Easterbrook and field consultants to six from eight, according to the report.
A company spokeswoman told the Journal that the U.S. restructuring was aimed at making McDonald's become "more dynamic, nimble and competitive."
