All humans may be linked to one another by only six degrees of separation, but until recently, eight layers of management separated McDonald's Corporation (NYSE: MCD)field consultants from CEO Steve Easterbrook. As The Wall Street Journalreported last week, McDonald's will soon initiate a fresh round of corporate layoffs that will further flatten its operating structure, removing two middle-management layers between field consultants and the company's CEO.
The number of dismissals won't be disclosed until an employee town hall meeting to be held tomorrow (June 12).McDonald's Culls Its Corporate Workforce
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