McDonald’s to Sell Its Russian Business, Try to Keep Workers

McDonald's said that it has started the process of selling its Russian business, which includes 850 restaurants that employ 62,000 people.

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FILE - McDonald's restaurant is seen in the center of Dmitrov, a Russian town 75 km., (47 miles) north from Moscow, Russia, on Dec. 6, 2014. McDonald’s says it's started the process of selling its Russian business, which includes 850 restaurants that employ 62,000 people. The fast food giant pointed to the humanitarian crisis caused by the war, saying holding on to its business in Russia “is no longer tenable, nor is it consistent with McDonald’s values.” The Chicago-based company had temporarily closed its stores in Russia but was still paying employees. (AP Photo/FILE)
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McDonald’s said Monday that it has started the process of selling its Russian business, which includes 850 restaurants that employ 62,000 people, making it the latest major Western corporation to exit Russia since it invaded Ukraine in February. The fast food giant pointed to the humanitarian crisis caused by the war, saying holding on to its business in Russia “is no longer tenable, nor is it consistent with McDonald’s values.” The Chicago-based company announced in…

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