Is this the death rattle for McDonalds?

[redmelly]

Unless they reinvent themselves I don't think they stand a chance. They employ the most apathetic workers who close early, their food is inedible, menu sucks.

McDonald's temporarily shuts US offices, prepares layoff notices, Wall Street Journal reports]

https://www.reuters.com/business/ret...sj-2023-04-02/

[BeanGainClovis]

The entire market just crashed hard, this sort of thing is to be expected

[Spetznaaz]

It seems a lot of companies are laying off workers at the moment. Preparing for the upcoming AI takeover i wonder?

[Cleveland33]

only 7% of McDonalds are corporate owned, the rest are franchisees

[katya422]

Well they are facing some real challenges. So far they have been able to hike prices regularly to maintain profits and for a good chunk of time they were one of the only hot and ready food options in many areas [pandemic].

Now they are facing more competition, higher beef prices, and consumers with less cash to spend on convenience meals.

Over the past few years they have moved to a simpler menu with less options [at least IME]. They should probably pivot to more food items with less expensive ingredients that can be prepared in central commissaries and delivered ready to eat or close.

The general public appears to have decided that the fake meat is gross and not worth it. Maybe they will try actual veggie burgers, as in made from beans/oats/etc. A McFalafel sandwich could do well in some markets.

[desslok]

I like how they make them work from home so they can fire them via Zoom. That really cuts down on the workplace mass shootings.

[ACEofBASED]

Just lol if you think McDonald's is going anywhere.

[OffwhiteBrah]

Here come the automated selfcheckout McDonald with 0 workers

[Kev1972]

Restaurants are the first bellwether of the recession. Once people stop eating out the economy starts its nose dive.

[RopeACope]

They're always packed.

[HMFIC_BROWSIN]

They're always packed.

This.

Line always wrapped around the building.

Burger king should be out of business in comparison.

[GuineaDago585]

I hope so.

Serving poison to the populace is one thing but charging over $10 for meals now is fkin insane.

Fuk McDonalds.

[OliverHeldens]

I've traveled extensively, and McDonald's is the most popular restaurant chain I've personally witnessed worldwide. Their stock is shooting up right now.

This is likely just a cost cutting measure for them. Getting rid of old people with high incomes in Chicago whose jobs should have been eliminated a decade ago, and finally they now have cover to do it without looking bad.

[HMFIC_BROWSIN]

I just looked at their financials, 2021 was their most profitable year ever recorded.

2022 their total revenue came down only 0.17%, but net income dropped 18.13% year over year.

So overall, people are still eating there, but it looks like there is some kind of employee bloat.

Luckily for McD's, AI will easily do the work of cubiclecels.

EDIT: ^^^ oliver the wizard.

[rollerball]

I remember reading somewhere that in reality McDonald's is a real estate corporation

[BeanGainClovis]

I like how they make them work from home so they can fire them via Zoom. That really cuts down on the workplace mass shootings.

Lol this was the plot of a movie from 2009

[semenreleaser]

I've traveled extensively, and McDonald's is the most popular restaurant chain I've personally witnessed worldwide. Their stock is shooting up right now.

This is likely just a cost cutting measure for them. Getting rid of old people with high incomes in Chicago whose jobs should have been eliminated a decade ago, and finally they now have cover to do it without looking bad.

This. There are probably tons of useless employees with long tenure getting paid more than they should, so MCD is trimming the fat. The firm I work for does the same thing every economic downturn, so I'm expecting something similar soon.

[OliverHeldens]

I remember reading somewhere that in reality McDonald's is a real estate corporation

It's because Mcdonald's typically owns the land that Franchisees build the restaurant on.

[rollerball]

It's because Mcdonald's typically owns the land that Franchisees build the restaurant on.

yeah, seems like a very smart approach

[BeanGainClovis]

Lol this was the plot of a movie from 2009

"In the future, they are just going to start doing business and working office jobs and firing people entirely over video chat on your computer."

George Clooney's character: "That's just ridiculous! What about my frequent flyer miles?"

This was an actual movie and I could not make it all the way through it

[WoofieNugget]

Here come the automated selfcheckout McDonald with 0 workers

This is already in the plan and one store already exists. Not having the overhead of staff will have a massive impact on profits, and most fast food places will follow suit if they can. Remains to be seen if it will still work though.

[rollerball]

This is already in the plan and one store already exists. Not having the overhead of staff will have a massive impact on profits, and most fast food places will follow suit if they can. Remains to be seen if it will still work though.

I wonder if the local AAs will attack the automated screens and robots when they don't get their fresh cookies.

[rollerball]

They need they cookies.

https://www.kiro7.com/news/trending/...outputType=amp

[Uhyeahokay]

Never eat McD's, srs.

[Omnivium]

I hope so.

Serving poison to the populace is one thing but charging over $10 for meals now is fkin insane.

Fuk McDonalds.

But should you blame them for selling it, or blame the customers for buying it?

[Jacobcapra]

McDonalds is having record years, wtf are you talking about

They just had an all-time high $13.2B in trailing 12 month profits.

[lockdev]

But should you blame them for selling it, or blame the customers for buying it?

Strong fooking this.

As long as dumb asses buy it, there will always be a seller.

It's not like they're concealing it either. They might have in the past, but now it shows right on the menu: FOOKING 1800 CALORIES FAT ASS. 120 GRAMS OF SUGAR YOU DIABETIC FUK. LIKE 50 GRAMS OF SATURATED FAT? WE GOT THAT TOO BITCH.

People still line up like monkeys waiting on a banana.

[roosky11]

Well they are facing some real challenges. So far they have been able to hike prices regularly to maintain profits and for a good chunk of time they were one of the only hot and ready food options in many areas [pandemic].

Now they are facing more competition, higher beef prices, and consumers with less cash to spend on convenience meals.

Over the past few years they have moved to a simpler menu with less options [at least IME]. They should probably pivot to more food items with less expensive ingredients that can be prepared in central commissaries and delivered ready to eat or close.

The general public appears to have decided that the fake meat is gross and not worth it. Maybe they will try actual veggie burgers, as in made from beans/oats/etc. A McFalafel sandwich could do well in some markets.

Less cash on food and more for OF and simpin'/escorts. Misc is proof of that. Half the dudes on here would forego a meal to pay for OF material or slam an escort to make a thread about.

[DrugsToGetBig]

i literally believe that McDonalds would be the LAST place to ever crumble and close up shop due to the economy

[redmelly]

This.

Line always wrapped around the building.

Burger king should be out of business in comparison.

Burger King should be added to the Ken-Taco-Hut chain restaurant long term care centers.