McDonald’s Shuts Corporate Offices Ahead of Layoffs(bloomberg.com) |
McDonald’s Shuts Corporate Offices Ahead of Layoffs(bloomberg.com) |
Office Space needs a remake.
Yet another company with growing profits laying people off.
1 - https://www.cnbc.com/amp/2023/01/31/mcdonalds-mcd-q4-2022-ea...
McDonald's is a classic counter-cyclical stock. When money gets tight people eat less at fancy restaurants and more at McDonald's. So McDonald's does well when people are doing poorly, and vice versa.
You can claim that poor people shouldn't be eating McDonald's, but they fact is that they do. McDonald's is counter-cyclical.
Doubt