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Monthly Archive 12 March 2021

McDonald’s Philippines to Vaccinate Employees for Free

 

 

 

McDonald’s Philippines has announced that it will vaccinate its employees for free after it has confirmed its purchase of up to 100,000 doses of COVID-19 vaccines from Astra Zeneca.

Golden Arches Development Corp. (GADC), McDonald’s Philippines Franchisee stated that half of the vaccines will be donated to the government under the Department of Health (DOH) in accordance with the government’s allocation framework.

The President and Chief Executive Officer of McDonald’s Philippines reiterate that the health and safety of their employees are their top priority.  He further emphasized that it is the company’s responsibility to keep their people safe so as to protect their customers as well.

GADC experienced a net profit decline to P1.0 billion in the first nine months of 2020 from P1.2 billion previously, due to the lockdowns enforced nationwide to curb the spread of COVID-19.  Only 38% of its stores remained operational due to restrictions among dine-in and large gatherings.  Some 95% of stores eventually reopened as restrictions were lifted.