“I Can’t Pay My Bills” – McDonald’s Employees Furious As Company Renegs On Wage Hikes

“I Can’t Pay My Bills” – McDonald’s Employees Furious As Company Renegs On Wage Hikes:

When the initiative was first announced, McDonald’s decision to raise its employees’ wages to $1 above minimum wage (albeit only at corporate-owned stores, a minority of the company’s total count) was hailed as a radical example of corporate accountability – a direct repudiation of the far-left notion that “quarterly capitalism” and employers accepting responsibility for their employees were mutually exclusive.

As any steely eyed realist might’ve expected, McDonald’s widely lauded “wage hike” was little more than a publicity stunt. In the three years since McDonald’s announced the wage hike in 2015, the firm has essentially frozen employee wages, often leaving them just a few cents above minimum wage, as Bloomberg has discovered.

But the company doesn’t expect to experience any blowback from this decision: After all, McDonald’s never said it was pegging employees’ wages to $1 above minimum wage. The company, it appears, deliberately equivocated during its initial announced – and what’s worse, nobody in the media has called the company out.

Until now, that is.

Read more“I Can’t Pay My Bills” – McDonald’s Employees Furious As Company Renegs On Wage Hikes

McDonalds Is Replacing 2,500 Human Cashiers With Digital Kiosks: Here Is Its Math

McDonalds Is Replacing 2,500 Human Cashiers With Digital Kiosks: Here Is Its Math:

McDonald’s new strategy replaces cashiers with kiosks in at least 2,500 restaurants by the end of 2017 and another 3,000 over 2018. It will boost revenues, cut costs, and lead to the disappearance of many if not all minimum wage McDonalds workers. Here is the math.

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The greasy character who finally put me off McDonald’s

The greasy character who finally put me off McDonald’s:

NO matter how much we buy into the dream of obtaining Elle Macpherson’s body by mainlining green juice, there’s something about McDonald’s that we just can’t resist.

This is food with virtually no nutritional value, packed with E numbers and ingredients you have to try not to think about — but something keeps drawing us back to its comfortingly babyish, sweet and salty embrace.

But finally, I’ve had the wake-up call I needed to put me off Macca’s for good.

Read moreThe greasy character who finally put me off McDonald’s

McDonald’s U.S. Operations in Trouble Despite Endless Marketing Schemes

McDonald’s U.S. Operations in Trouble Despite Endless Marketing Schemes:

Despite McDonald’s extensive efforts to improve U.S. sales over the last several years, its most promising endeavor is coming up short — and as a result, so are the company’s domestic profits.

Reuters reports that according to McDonald’s fourth quarter report, released Monday, “Sales at established U.S. restaurants fell for the first time in six quarters as the novelty of all-day breakfast failed to overcome competition from supermarkets and other food sellers.

Read moreMcDonald’s U.S. Operations in Trouble Despite Endless Marketing Schemes

Meanwhile On Main Street, Fast-Food Traffic Drops For The First Time In Five Years

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Meanwhile On Main Street, Fast-Food Traffic Drops For The First Time In Five Years:

As the market closes at another all time high, the “recovery”, if only on paper, is again bypassing most Americans and it is starting to hit where it hurts the most. According to restaurant tracker NPD Group, traffic at U.S. fast-food restaurant fell 1% in the third quarter, the sector’s first traffic decline in five years. Unfortunately, the reason is not that many Americans have migrated to a higher wealth group and are now eating at more expensive venues, but a more familiar one, namely higher costs of eating out, changing consumer behavior and higher bills for items such as rent and drugs. In other words, America’s “main street” is so squeezed, it can’t even afford to eat out as much as it did just one year ago.

Read moreMeanwhile On Main Street, Fast-Food Traffic Drops For The First Time In Five Years

Not Lovin’ It: McDonald’s To Close Over 500 Restaurants Worldwide To Stay Afloat

McDonals-Arches-Crumble

Not Lovin’ It: McDonald’s To Close Over 500 Restaurants Worldwide To Stay Afloat:

Even as the world’s biggest fast food chain moves its headquarters to a $250 million 608,000-square-foot complex in Chicago’s West Side in the spring of 2018, McDonald’s intends to close about 500 weaker-performing, company-operated locations worldwide in 2016 to bolster profits.McDonald’s spokeswoman Becca Hary confirmed the announcement, released just days after it withdrew its branches from Middle Eastern and three Latin American countries, in an email to The Street:

“It’s important to note that while we will have a net reduction in restaurants [in the US], the impact is minimal in comparison to the 14,000 restaurants we operate across the US. We consistently review our restaurant portfolio and make strategic decisions to better position our business for the future.”

Read moreNot Lovin’ It: McDonald’s To Close Over 500 Restaurants Worldwide To Stay Afloat

Former McDonalds CEO Crushes The Minimum Wage Lie: “It’s Cheaper To Buy A Robot Than Hire At $15/Hour”

Former McDonalds CEO Crushes The Minimum Wage Lie: “It’s Cheaper To Buy A Robot Than Hire At $15/Hour”:

While this should come as no surprise to any rational non-establishment-teet-suckling economist (and certainly not to our readers), former McDonalds’ CEO Ed Rensi continued his crusade against the naive “solution” to poor living standards that has been peddled by a clueless administration in the form of a higher federal minimum wage, and after he patiently explained one month ago that “the $15 minimum wage demand, which translates to $30,000 a year for a full-time employee, is built upon a fundamental misunderstanding of a restaurant business just do the math” Rensi found that nobody has still done the math.

Which is perhaps why the ex-CEO reappeared on Fox Business yesterday to explain to Maria Bartiromo that as fast-food workers across the country vie for $15 per hour wages, many business owners have already begun to take humans out of the picture, McDonalds most certainly included.

As Rensi admitted, “I was at the National Restaurant Show yesterday and if you look at the robotic devices that are coming into the restaurant industry – it’s cheaper to buy a $35,000 robotic arm than it is to hire an employee who’s inefficient making $15 an hour bagging French fries – it’s nonsense and it’s very destructive and it’s inflationary and it’s going to cause a job loss across this country like you’re not going to believe.”

Read moreFormer McDonalds CEO Crushes The Minimum Wage Lie: “It’s Cheaper To Buy A Robot Than Hire At $15/Hour”

Former McDonalds CEO Warns Minimum Wage “Will Wipe Out 1000s Of Jobs”

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Former McDonalds CEO Warns Minimum Wage “Will Wipe Out 1000s Of Jobs”:

While this should be no surprise to any rational non-establishment-teet-suckling economist, former McDonalds’ CEO Ed Rensi exclaims, in a recent Forbes Op-Ed, that “a $15 minimum wage won’t spell the end of [fast-food brands]. However it will mean wiping out thousands of entry-level opportunities for people without many other options.” The $15 minimum wage demand, which translates to $30,000 a year for a full-time employee, is built upon a fundamental misunderstanding of a restaurant business (and we add simple supply and demand fundamentals) – just “do the math” Rensi rants…

Read moreFormer McDonalds CEO Warns Minimum Wage “Will Wipe Out 1000s Of Jobs”

McDonalds Responds To Minimum Wage Hikes, Launches McCafe Coffee Kiosk

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McDonalds Responds To Minimum Wage Hikes, Launches McCafe Coffee Kiosk:

When it comes to jobs growth in the US, all one can say is thank god for waiters and bartenders: after all, a Starbucks barista is precisely what a recently fired oil chemical engineer making half a million dollars really wants to do with their life.

waiter mfg workers 2015

However, the days of easy job gains for the BLS may be coming to an end (even if on a seasonally adjusted, goalseeked basis the trend has a long way to go).

Read moreMcDonalds Responds To Minimum Wage Hikes, Launches McCafe Coffee Kiosk

What Happens When You Leave a Chicken McNuggets Happy Meal out for 6 Years

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What Happens When You Leave a Chicken McNuggets Happy Meal out for 6 Years

What Happens When You Leave a Chicken McNuggets Happy Meal out for 6 Years:

Anchorage, AK — An alarming photograph of a McDonald’s chicken McNuggets Happy Meal left to sit unrefrigerated and untouched for six years recently went viral on social media.

“It’s been 6 years since I bought this ‘Happy Meal’ at McDonald’s,” Jennifer Lovdahl posted on Facebook. “It’s been sitting in our office this whole time and has not rotted, molded, or decomposed at all!!! It smells only of cardboard.”

Read moreWhat Happens When You Leave a Chicken McNuggets Happy Meal out for 6 Years

McDonald’s Latest Marketing Ploy Shows Just How Desperate the Food Giant Has Become

mcdonalds-McChoco-Fries

McDonald’s Latest Marketing Ploy Shows Just How Desperate the Food Giant Has Become:

Tokyo, Japan — Fast food giant McDonald’s has been having a rough time. Considering its recent decision to close 700 locations in 2015, dire predictions from franchise owners claiming the company is facing its “final days,” and a June announcement that the company was shrinking for the first time in its long history, it’s safe to say McD’s is looking for something — anything — to turn its struggling business around.

The advertising geniuses at McDonald’s may have found that interesting, albeit disturbing something. McDonald’s unveiled its new McChoco Potato yesterday, a spin on the classic fries, which will be drizzled with chocolate and white chocolate syrup. The company says “The combination creates a wonderful salty and sweet harmonious taste.” McChoco fries will be rolled out in Japan starting January 26th, and if they are a hit, it’s possible they will eventually be sold in the United States.

Read moreMcDonald’s Latest Marketing Ploy Shows Just How Desperate the Food Giant Has Become

McDowngrade: S&P Cuts ‘Releveraging’ Junk Food Vendor’s Debt To Almost Junk

McDowngrade: S&P Cuts ‘Releveraging’ Junk Food Vendor’s Debt To Almost Junk

Having told the world that it will borrow billions (and cut capex) to “return all free cash to investors,” it appears ratings agency S&P just needed to remind McDonalds that Shareholder-friendly releveraging no longer comes for free

*S&P LWRS MCDONALD’S RTG TO ‘BBB+’ ON SHR BUYBACK PLANS

Who could have seen that coming?

Question: Why Is the McDonalds Website so Scary? (Video)

H/t reader Squodgy:

“Yummy MacDonalds video…infectios laughter…excellent questions”



Dec 16, 2014

Description:

Article at TSM: http://truthstreammedia.com/question-…

No, seriously. Or maybe alternately, “Who in their right mind would eat a McDonalds ever again after visiting the company’s website?!?!”

They don’t say, “Hi, how are you?” or give you the requisite “Here are the glorious food products we all know and love!” slideshows or anything. You don’t even get the flat, emotionless “Hey” you might expect to get from some of the teenagers working the cash register.

Read moreQuestion: Why Is the McDonalds Website so Scary? (Video)

McDonald’s unveils plan to fix company, change perception of its gross food ingredients – VIDEO

H/t reader squodgy:

“This would be funny if it wasn’t so sad.

How they re-brand to distance themselves from the growing stigma is worth serious study by truthers as it will give pointers to others like Monsatan, Pfizer, GSK, Wal-Mart, et al.

They must be monitored to ensure we are not fooled again & again.”


McDonald’s unveils plan to fix company, change perception of its gross food ingredients – VIDEO (WTF RLY, May 4, 2015):

McDonald’s has released its new strategy on how to turn around the company which seems to be failing at an accelerated rate. They have been so desperate for relevancy that they even tried a marketing plan to accept selfies as payment. A press release was sent out Monday morning following a video message from the CEO to investors.

mememcdonaldsclown

Some info on McDonald’s struggles:

Read moreMcDonald’s unveils plan to fix company, change perception of its gross food ingredients – VIDEO