McDonald’s has started the process of selling its Russian operations, which include about 850 outlets and 62,000 employees.
Holding on to business in Russia ‘is no longer tenable, nor is it consistent with McDonald’s values,’ the fast food behemoth said, citing the humanitarian situation precipitated by Vladimir Putin’s invasion of Ukraine.
Without A Trace
McDonald’s wants to start eliminating golden arches and other symbols or signage linked with the corporation as it tries to sell off outlets. It also stated that its trademarks will remain in Russia.
The company confirmed that it would seek to hire those personnel and pay them until the sale was completed and everything is settled amidst the invasions.