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The McDonald's restaurant was located on a US Naval Air Station and was thus exempt from the law. When the base closed in 1995, the restaurant was required to do likewise. [54] 3 Bolivia November 21, 1997 November 30, 2002 Closed due to poor sales and high prices. McDonald's has since attempted to reenter the Bolivian market, but with little ...
In South Korea, McDonald's pays part-time employees $5.50 an hour and is accused of paying less with arbitrary schedule adjustments and pay delays. [95] McDonald's former CEO, Steve Easterbrook, earned an annual salary of $1,100,000. [96] In 2015, Easterbrook had a base salary of $1.3 million and received $15.4 million in total compensation. [97]
McDelivery is a McDonald's service that delivers food to the customer's door. The service was introduced in parts of the United States beginning in 1993 and is available in many Asian, Middle Eastern and Latin American countries using motorcycle couriers. In some countries, McDelivery is available 24 hours a day, and in certain locations is ...
Ray Kroc bought the original McDonald’s from the McDonald brothers after visiting in 1954 and by the next year, he had opened the prototype for what would become a worldwide fast-food legend ...
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1940: McDonald's When McDonald's was founded depends on who you ask. The company itself claims 1955, when Ray Kroc established McDonald's System, Inc., and turned it into today's fast-food giant .
In the 1970s, McDonald's expanded internationally and still has locations in several countries around the globe. McDonald's operates as one of the largest private employers in the world. Their current CEO is Christopher J. Kempczinski. Their revenue hits about $26 billion every year. [2] McDonald's logo since 2018
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