Updated September 25, 2018 11:56:29McDonalds announced Wednesday that it plans to hire more than 100 people at its website builder and to expand its business operations at a plant in Arizona.
McDonald’s CEO Dave McMillon told the company’s quarterly earnings call that the job cuts were part of the company “continuing to focus on building out our business.”
The company said it had about 1,400 employees at its Arizona facility.
McMillon said the layoffs will result in about 10% job losses for the company.
The company expects to add at least 10,000 jobs in the coming months.
McMillon said the new hires will include about a dozen new employees, as well as “staff from outside the United States and Canada.”
McMillan also announced that he had a contract to deliver the new website to a company in Arizona that he bought for $3.2 million in 2017.
The contract will pay McDonald’s $15.4 million in tax credits to help pay for the site’s infrastructure, which he said will be built at the facility.
The company said that, after its construction, the site will be ready for its first retail store, which will be slated to open in 2018.
McD’s website will replace the company-owned McDonalds stores.
The new site will offer a variety of products, including chicken McNuggets, salads, burgers and other items, with prices that range from $2.99 to $5.99.
McMcMillons CEO Dave McMillan said the company will focus on its business outside of the United Kingdom, where it operates more than 800 stores.
McFarlane said on Wednesday that he expects the U.K. will remain a significant growth market for McDonalds, particularly for its food products.
McGraw-Hill Companies, which owns McDonald’s, said that it expects the new company will add to its existing restaurants in the U-K.