#McDonald’s CEO fired after affairs with workers fined 0K by SEC

#McDonald’s CEO fired after affairs with workers fined $400K by SEC

“McDonald’s CEO fired after affairs with workers fined $400K by SEC” The Securities and Exchange Commission on Monday charged former McDonald’s chief executive Stephen Easterbrook with making false and misleading statements to investors about the circumstances of his 2019 termination. The SEC hit Easterbrook with a five-year officer and director bar and a $400,000 civil penalty. McDonald’s fired Easterbrook in…

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#McDonald’s aiming to build more stores but warns of layoffs

#McDonald’s aiming to build more stores but warns of layoffs

“McDonald’s aiming to build more stores but warns of layoffs” Burger chain McDonald’s said Friday that it will review corporate staffing levels and aim to build more restaurants as part of an updated business strategy. The new plan, announced in a letter from Chief Executive Officer Chris Kempczinski to global employees and seen by Reuters, calls for…

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