|
The plans include organizing McDonald's business
around four new operating divisions, selling restaurants to
franchisees, cutting corporate costs, improving food quality and
taking layers out of its "cumbersome" management structure.
"I will not shy away from the urgent need to reset this
business," said CEO Steve Easterbrook, who took the helm on
March 1 following one of McDonald's most dismal years on record.
Shares in McDonald's fell 0.5 percent to $97.30 in premarket
trading.
(Reporting by Lisa Baertlein in Los Angeles; Editing by Alden
Bentley)
[© 2015 Thomson Reuters. All rights
reserved.] Copyright 2015 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
 |
|
