McDonald's CEO Steve Easterbrook was fired for inappropiate relationships with his employees. CNN reports that McDonald's is now suing Easterbrook. In a lawsuit the company alleges Easterbrook lied to the board about the extent of his relationships with employees. McDonald's says he misled investigators about engaging in physical sexual relationships with three employees in the year before his ouster. The company is suing Easterbrook for the amount of his exit package: about $40 million.
Business Insider reports that 6.5 million restaurant workers are still out of a job because of the pandemic. A growing number of major restaurant chains hiring right now. All together, those chains are hiring over 400,000 new employees. On Wednesday, Chipotle announced plans to hire 10,000 new employees. Denny's is looking to hire 10,000 people. McDonald's announced on June 18 that it plans to hire 260,000 new workers in the US over the summer.
CBC reported that McDonald’s ended its Canadian trial of Beyond Meat in April with no plans to continue. According to Business Insider, the plant-based burger dropped as much as 10% because of the news. While Beyond Meat said in an email they were “pleased with the test,” a JPMorgan analyst said usually if a test goes well, it doesn’t end. Beyond Meat CEO Ethan Brown said the plan with McDonald’s hasn’t changed. Despite the recent drop, Beyond Meat is up more than 90% year-to-date.