Fast food giant McDonald’s may outsource some jobs to India s part of cost-cutting plans it had announced last November, reported New York Post. The first facility likely to be closed as part of the company’s plans is one in Columbus, Ohio. The report added that the process will begin in July and continue till December.
The $500-million (more than Rs 3,000 crore) cost-cutting plan was led by the company’s Chief Executive Office Steve Easterbrook. “As part of our announced efforts to deliver $500 million in savings by the end of 2017, we are restructuring many aspects of our business, including an accounting function,” the report quoted said spokeswoman Terri Hickey as saying.
McDonald’s has already begun closing some of its regional offices, and has shut down around 15 so far. It had also laid off 400 workers last year.