Once upon a time, in the glossy high-rise towers of Corporate America, a fervent wave of enthusiasm for "purpose" washed over the executive suites. Here, we find a tale of two workforces: On the ...

McDonald's closes corporate offices ahead of expected layoffs 00:22. McDonald's has shuttered its U.S. offices this week as it plans to lay off an unspecified number of corporate employees, the ...

McDonald's employs more than 150,000 people globally in corporate roles and in company-owned restaurants, with more than 70% of employees located outside the U.S., according to a securities filing.