Source: Brandon Bell / Getty
Add McDonald’s to the list of businesses shutting down operations in Russia in response to the Ukraine invasion.
In an open letter to employees, CEO Chris Kempckinski wrote: “our values mean we cannot ignore the needless human suffering unfolding in Ukraine”. He says the company will continue to pay its roughly 62,000 Russian employees.
McDonald’s has also closed its 108 stores in Ukraine while continuing to pay workers. McDonald’s has been operating stores in Russia since 1990.
An estimated 9% of its annual revenue comes from Russia and Ukraine.
What kind of impact do these private-company ‘sanctions’ have on Russian authorities? How do you think the Russians feel about McDonald’s closing during Shamrock Shake season?
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