Crain's Roundup: Corporate Job Losses, McDonald's Wall Street Bounce


Crain’s Chicago Business deputy managing editor Ann Dwyer takes a closer look at McDonald’s Wall Street bounce, recently announced job cuts at Walgreens, the mass exodus of corporate jobs from Chicago, and Amazon’s Chicago expansion.

McDonald’s Turning Around?

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Wall Street investors are coming back to McDonald’s buoyed by the moves the new CEO Steve Easterbrook is making to the Oakbrook-based fast food giant. Corporate layoffs and other cuts aim to trim $300 million in costs by 2017.

Walgreens and Why Jobs Here Are Being Cut

Walgreens Boots Alliance is laying off 270 corporate workers here and another 100 around the U.S. It is another major Chicago company to make the announcement recently. So why are so many corporate jobs leaving here and what impact does it have on the local economy?

Amazon 1-Hour Delivery

The online retailing giant Amazon is opening another warehouse on Chicago’s South Side. The latest warehouse joins one in Joliet and one on Goose Island. The South Side distribution center will help make ultra-fast, one-hour deliveries possible. 

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