McDonalds Tells Corporate Staff To Stay Home This Week, And Watch Out For Layoff Emails
Of note, McDonalds itself is essentially a real estate company, holding title to most of the land that the franchises are on. Valuation and liquidity wise most of the corporation’s operating costs are likely tied into this. They have around 35 billion in long term debt, they are probably restructuring around not getting hung out to dry if the assets backing their debt sheds significant value.