McDonald's global earnings weighed by staff shortages and supply snags
McDonald’s said pandemic restrictions caused some closures in the quarter, and the company is seeing 'increased pressure on labour availability and supply chain management'.
McDonald’s posted fourth-quarter global earnings that came in below estimates, weighed down by staffing struggles and supply chain snags.
Across the industry, results have been tempered by ongoing cost pressures for ingredients and a stubborn shortage of workers. McDonald’s, like its competitors, is struggling to attract and keep staff – especially as Omicron hits staff in the US.
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