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McDonald’s Shuts Corporate Offices Ahead of Layoffs
- noer 3y agohttps://archive.is/ZuZmY https://archive.is/ZuZmY
- chankstein38 3y ago[flagged]
- ActionHank 3y agoEspecially given that it was a generated article.
- ProAm 3y agoHow do you pay for your news?
- jimbok 3y agoAs long as they don't give Hamburgler a pink slip....
- soupfordummies 3y agoHe got busted for insider trading back in '02
- nine_zeros 3y agoRTO for your work, WFH for mine.
- dbg31415 3y agoDupe https://news.ycombinator.com/item?id=35416552 https://news.ycombinator.com/item?id=35416552
- andyish 3y agoReturn to the office... unless we're making layoffs, then work from home. Great.
- bombcar 3y ago"We find it's always better to fire people virtually. Studies have statistically shown that there's less chance of an incident if you do it online." Office Space needs a remake.
- evbogue 3y agoUp in the Air - Video Chat Firing (2009) HD https://youtu.be/MIexe6aa14w https://youtu.be/MIexe6aa14w
- Cyphase 3y ago"This story was produced with the assistance of Bloomberg Automation."
- samwillis 3y agoNews sites have used automation to convert press releases and quoted other publications into articles for decades. Nothing new here.
- toomuchtodo 3y agoMight be using BloombergGPT, which is the interesting part.
- htrp 3y ago> Might be using BloombergGPT, which is the interesting part. Doubt
- idopmstuff 3y agoBloombergGPT is trained on financial information - it's almost certainly for that side of the business, not the reporting side.
- slg 3y ago> McDonald's profit grows as inflation-weary customers flock to its restaurants[1] Yet another company with growing profits laying people off. 1 - https://www.cnbc.com/amp/2023/01/31/mcdonalds-mcd-q4-2022-earnings.html https://www.cnbc.com/amp/2023/01/31/mcdonalds-mcd-q4-2022-ea...
- bryanlarsen 3y agoThis is a bull signal. McDonald's is a classic counter-cyclical stock. When money gets tight people eat less at fancy restaurants and more at McDonald's. So McDonald's does well when people are doing poorly, and vice versa.
- foooorsyth 3y agoMcDonald’s is expensive compared to rice and beans at home. A $9 sandwich is not cheap.
- bryanlarsen 3y agoPoor people in America are often just as time-poor as they are money-poor. Rice & beans takes time that you don't have when you're working multiple jobs. You can claim that poor people shouldn't be eating McDonald's, but they fact is that they do. McDonald's is counter-cyclical.