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You are at:Home»Breaking News»McDonald’s closing 850 restaurants in Russia over Ukraine invasion
Breaking News

McDonald’s closing 850 restaurants in Russia over Ukraine invasion

DailyblastBy DailyblastMarch 8, 2022001 Min Read
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McDonald’s said Tuesday it is temporarily closing all of its 850 restaurants in Russia in response to the country’s invasion of Ukraine.

The burger giant said it will continue paying its 62,000 employees in Russia. But in an open letter to employees, McDonald’s President and CEO Chris Kempckinski said closing those stores is the right thing to do because McDonald’s can’t ignore the “needless human suffering in Ukraine.”

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McDonald’s owns 84% of its Russian restaurants. In a recent financial filing, the company said Russia and Ukraine contributed 9% of the company’s revenue last year.

See Tweet below:

We will be temporarily closing all restaurants and pausing all operations in Russia. Click to read the message from our CEO in its entirety: https://t.co/ncoB2A8GC6

— McDonald's (@McDonalds) March 8, 2022
Post Views: 139
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