The Impact of Israel’s Attack on Gaza on McDonald’s Markets in the Middle East: CEO Disclosure

2024-01-05 11:09:08

Washington: After Israel’s attack on Gaza, McDonald’s CEO Chris Chemchinsky admitted that there was a huge loss in markets including the Middle East. He disclosed that the fake campaign once morest McDonald’s affected the business and following this there was a huge loss. Earlier, it was revealed that many western brands, including Starbucks, had suffered losses in the boycott campaign. The boycott campaign once morest the company intensified following McDonald’s announced that it was providing free food to the Israeli army. There was widespread publicity in many markets of the world including Arab countries. However, this is the first time that the CEO of the company has disclosed that there has been a loss due to this. McDonald’s is represented by local owners and operators wherever it operates, including in Muslim countries. They support their communities and provide employment to thousands of people, the CEO said. The campaign is also strong in countries including Egypt, Jordan and Malaysia.

1704459532
#McDonalds #boss #boycott #campaign #caused #huge #losses