McDonald's announces its biggest job plan in five years, saying it will hire 375,000 people this summer

McDonald's announced on Monday that it plans to hire 375,000 new employees this summer. The announcement was first released in a press conference with U.S. Labor Secretary Lori Chavez-Deremer, marking the company's largest job plan in five years.

According to media reports, new employees will help fill the gap in the company's more than 13,500 American restaurants. They will also help McDonald's plans to open 900 new restaurants nationwide over the next two years.

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McDonald's is one of the largest employers in the country, and the company claims it has hired about the employers that are employed in every eight Americans. Still, Dave Burchfield, the company’s global People’s Strategy director, told HR reporters in 2022 that the company “has an average of 100% turnover globally” and always needs new talent.

Because of this near-constant demand that bring new employees, McDonald's usually staff its franchisees, and a large-scale employee enlistment program of this scale is rarity.

Joe Erlinger, McDonald's U.S. president, told CNN that he believes recruitment initiatives like this are "win-win" because they make companies "more competitive" while also actively affecting the economic and social conditions of the communities we do business. ”

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“I often consider my time as general manager in restaurants and it’s clear that crew members are the core and soul of the brand,” Ellinger said in a statement. “They go beyond our customers and it’s our job to take care of them and create opportunities for them.”

The Jobs Initiative comes weeks after McDonald's reported a second straight quarter decline in sales. In its first-quarter earnings report released on May 1, the company said its global sales fell by 1% and U.S. sales fell by 3.6%. On earnings calls later that day, CEO Chris Kempczinski and CFO Ian Borden attributed the decline to a pullback in low-income consumer spending.