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McDonald’s (NYSE: MCD) announced on Tuesday it will temporarily close 850 locations in Russia due to the country’s invasion of Ukraine.

McDonald’s to temporarily close 850 locations in Russia

“The conflict in Ukraine and the humanitarian crisis in Europe has caused unspeakable suffering to innocent people. As a System, we join the world in condemning aggression and violence and praying for peace,” Kempczinski wrote in his letter

By Shubhangi Mathur
Published - Mar 08, 2022, 11:25 PM ET
Last Updated - Feb 20, 2024, 01:20 PM EST

The fast-food chain has been criticized for not taking steps regarding the war

The company will continue paying its 62,000 Russian employees

McDonald’s (NYSE: MCD) announced on Tuesday it will temporarily close 850 locations in Russia due to the country’s invasion of Ukraine.

Chief Executive Chris Kempczinski wrote in a letter that though the chain will temporarily halt all operations, it will continue paying its 62,000 Russian employees.

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