McDonald’s Set To Exit Russia

McDonald’s is set to pull out of Russia after nearly 32 years of operation in that country.

This move comes after it temporarily closed its 850 outlets in March.

The fast-food giant said it made the decision because of the humanitarian crisis and unpredictable operating environment caused by the Ukraine war.

The decision will directly affect some 62,000 employees, along with hundreds of suppliers and distributors.

While it’s looking for a buyer, McDonald’s says, it will aim to ensure that all of the employees will continue to be paid.

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Edited by Jesus Chan

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