McDonald’s may shift few jobs to India on a cost-cutting move
NEW YORK, JUNE 18: Fast food giant McDonald’s may be planning to outsource jobs to India as part of a USD 500 million cost reduction plan it announced last November, a media report said.
A report in the New York Post said McDonald’s is shedding jobs as part of a US$ 500 million cost reduction spearheaded by Chief Executive Steve Easterbrook.
“McDonald’s is also moving some functions to India in what could be a larger controversial push toward outsourcing,” it quoted sources familiar with the company’s plans as saying.
A regional office in Columbus, Ohio is among the first casualties of the cost-cutting.
McDonald’s described the facility’s closing as part of “plans to permanently restructure its operations and eliminate a number of roles,” in a May 13 letter the company sent to city officials.
The layoffs will begin in July and end by December, it said.
The 70 workers at that facility provide support services to restaurants, including accounting functions, which may be moving to an Indian firm, say the sources.