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McDonald's Cuts Jobs At HQ

The Oak Brook, Ill., headquarters of McDonald's is down 63 positions. The layoffs, taking effect Feb. 16, are part of a $100 million cost-cutting effort, and affect workers across several departments. A second round of job cuts will come in the first quarter that will affect workers in its U.S. operations, per a spokesperson. She declined to say when those layoffs would take place or how many people would lose their jobs. McDonald's also eliminated an unspecified number of open positions.

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