Fast food chain McDonald’s announced the closure of 850 restaurants in Russia, as part of the sanctions imposed on Russia in light of the Russian military operation in Ukraine.
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McDonald’s suspends 850 branches of its restaurants in Russia
McDonald’s, a fast food chain, announced the closure of 850 restaurants in Russia, as part of the sanctions imposed on Russia following… Russia’s special military operation in Ukraine.
And American media reported that the restaurant decided today, Tuesday, to temporarily close its 850 branches in Russia.
It also quoted the restaurant’s CEO, Chris Kempkinski, in his letter to employees, that closing these stores at the present time “is the right thing to do.”
He confirmed that the company would pledge to continue paying the salaries of 62,000 employees who worked “with their hearts and souls” at McDonald’s, as he said. The CEO also noted that the restaurant’s values state that “the human suffering of Ukraine cannot be ignored”.
Kempinski said it is difficult to know when the company will be able to reopen its branches there.
He pointed out that the situation represents an “extraordinary” challenge for a global brand, noting that “the restaurant works with hundreds of Russian suppliers.” He pointed out that “McDonald’s might receive a major financial hit because of the closure decision.”
We will be temporarily closing all restaurants and pausing all operations in Russia. Click to read the message from our CEO in its entirety: https://t.co/ncoB2A8GC6
— McDonald’s (@McDonalds) March 8, 2022
The closure measures come from a number of major companies within the framework of Western sanctions once morest RussiaAfter Russian President Vladimir Putin announced, on February 24, the launch of a special military operation in the Donbass region “in order to disarm Kyiv andPrevent all-out war“.
