Great point. The article doesn't mention of McDonalds is profitable. I'd wager it is even without the layoffs. On one hand, doing layoffs may make investors happy, on the other hand if we get a recession because a bunch of profitable companies keep laying everyone off, then maybe that's not so great for investors after all.

I think McDonalds stock just did really well. This is surprising to me. It's literally at it all time high.

I believe that's called The Tragedy of The Commons.

McDonald's only made $6,000,000,000+ last year with a ~35% profit margin.

They reversed the downward trend in revenue (which occurred simultaneously with a tremendous increase in profitability) and bounced back from 2020 magnificently.

Their stock price has ONLY roughly doubled in the last five years and their dividend has ONLY doubled in the last 10.

Obviously that is not good enough so they're going to lay off a couple thousand people to get that margin up by two points.

Pathetic.

This is 100% a stock juicing play.

Executives will destroy lives at random as a show of good will to the capital class. Time to bring back the guillotine.

My only hope is that one day we have a media staffed by legitimate journalists that would convey such details.

It's obviously not illegal. But the more the (consumer) market knows, the better its decisions on where to open their wallets.