A logo of the McDonald's restaurant is seen in the window with a reflection of Kremlin's tower in central Moscow, Russia, on March 9, 2022.McDonald's Corp on Monday became one of the biggest global brands to exit Russia, laying out plans to sell all its restaurants after operating in the country for more than 30 years following the invasion of Ukraine.
The burger chain represented the thawing of Cold War tensions and became a way to sample Western food and spirit for millions of people, even though the cost of a burger was several times bigger than the daily budgets of many city dwellers. Over the weekend, long queues were seen at the restaurant in Moscow's Leningradsky Station, one of the capital's only branches that was open, social media footage showed.
The company said it would ensure its 62,000 employees in Russia continue to be paid until the close of any transaction and that they have future jobs with any potential buyer.
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