OMG the Boycotts worked the US economy is doomed!
 

Business News
Saturday, March 29, 2003
McDonald's Reportedly to Cut Jobs


NEW YORK (Reuters) - McDonald's Corp. (MCD.N) will soon cut
several hundred administrative jobs and is delaying plans to
renovate old restaurants, the Chicago Tribune reported on
Wednesday, citing company insiders.
The company, the world's largest fast-food chain in terms
of sales, has been struggling to overcome a year of declining
sales and a "burger war" with competitors that has cut into
revenue.
McDonald's reported its first quarterly loss in January.
The company plans to delay a $300 million renovation plan
to save cash, the newspaper said. The report said the program
had received lukewarm responses from franchisees.
"We strongly caution anyone from jumping to conclusions
based on rumors and speculation," McDonald's spokesman Bill
Whitman said. "Absolutely no decisions have been made."
He added that McDonald's is continuing to move forward with
its focus on renovating restaurants.

Yep! One week of War has brought down a multi-billion company.

:thumbsup

That's been happening over the last 10 years -

it has NOTHING to do with a boycott and has everything to do with free-enterprise working just like it's supposed to.

Other fast food places have better food - McD's had fallen behind because of their management. Just business, no one stays on top forever.

I've NEVER seen a boycott actually change anything -

Do you REALLY think any Americans quit buying BIC lighters because it's a French company? - BoyCotts are a joke.

It SURE the hell isn't hurting the burger business in America pal !!



:1orglaugh :1orglaugh :1orglaugh

It's a joke. :glugglug

I must have two dozen bic lighters, amd I didn't even know there was a boycott on McDonald's.

I could care less.