McDonald’s Chief Executive Steve Easterbrook wrote in a letter sent to Illinois Senator Tammy Duckworth and Padma Lakshmi “McDonald’s is sending a clear message that we are committed to creating and sustaining a culture of trust where employees feel safe, valued and respected,”McDonald’s Corporation (MCD) is the leading global foodservice retailer with nearly 37,000 locations in over 100 countries. The Corporation operates and franchises McDonald’s restaurants in the US and across the globe with over 90% of its restaurants owned and operated by local, independent businessmen and women. To learn more about McDonald’s Corporation (MCD) and to track its progress please visit the Vista Partners McDonald’s Coverage Page. Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives. Stay Informed! Stay Competitive! Join us at Vista Partners!
McDonald’s Faces Sexual Harassment Charges From Employees
Recently, the American Civil Liberties Union, the labor group Fight for $15, and the Times Up Legal Defense Fund filed charges against the multinational food chain McDonald’s Corporation (MCD) for sexual harassment in the workplace. The legal actions include three new civil rights lawsuits, out of which two are by workers who filed charges earlier and one by the workers all across the country with the U.S. Equal Employment Opportunity Commission. The Chicago-based company has more than 850,000 workers in over 14,000 locations in the United States, out of which 90 percent are franchise owned. McDonald’s clarified that it should not be held responsible for employees working under franchise locations.