McDonald's promises to close 850 restaurants in Russia over invasion of Ukraine

Singapore News News

McDonald's promises to close 850 restaurants in Russia over invasion of Ukraine
Singapore Latest News,Singapore Headlines
  • 📰 abc15
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

It's Pres. & CEO said closing their Russian restaurants is the right thing to do because McDonald's can't ignore the 'needless human suffering in Ukraine.' abc15

The burger giant said it would 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."In a recent financial filing, the company said Russia and Ukraine contributed 9% of the company's revenue last year.

McDonald's is just the latest company to announce it will suspend business in Russia over the war in Ukraine. Over the weekend, Visa and MasterCard said they would block services in Russia. On Tuesday, Shell said it was closing its filling stations in Russia and would not purchase gasoline produced by the country.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

abc15 /  🏆 263. in US

Singapore Latest News, Singapore Headlines



Render Time: 2025-04-02 03:29:09