McDonalds Asks Franchisees to Shoulder More Costs in 2021
"The ketchup has hit the fan" according to a former executive from the fast food chain speaking to Business Insider after McDonald's (NYSE: MCD) angered some of its franchisees with a memo indicating they will bear more costs in 2021. The Golden Arches said it has made "difficult decisions" to "invest our dollars where they will have the greatest impact to the system," according to the internal memo reported by Bloomberg. Franchisees will take on more expenses in three different ways.
