McDonald’s shuts shop in Russia after 30 years amid Ukraine war

After 32 years, McDonald's will exit Russia permanently over the invasion of Ukraine. The world’s biggest burger chain is one of the biggest businesses to leave Russia post Ukraine war. McDonald's in a letter to its employees cited ‘unpredictable operating environment’ as one of the reasons behind exit. McDonald's will now look for a ‘local buyer’ that would hire 62,000 of its staff. Until the sale is done, McDonald's intends to pay all of its staff their salaries. McDonald's is reportedly losing $55 million a month since it shut all of its stores in russia. Watch the full video for more.