De-Arching: McDonald's to sell Russia business, exit country

3 views | May 17, 2022, 12:30:48 PM | AP
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McDonald's is closing its doors in Russia, ending an era of optimism and increasing the country's isolation over its war in Ukraine.The Chicago burger giant confirmed Monday that it is selling its 850 restaurants in Russia. McDonald's said it will seek a buyer who will employ its 62,000 workers in Russia, and will continue to pay those workers until the deal closes. McDonald’s has also closed 108 restaurants in Ukraine and continues to pay its employees there.