McDonald's Irish arm to be managed from UK
The fast food giant McDonald's is scaling back its head office operations in Ireland, with the business set to be managed from the UK.
The managing director of the Irish business, Adrian Crean, is to leave the business this month and sources said he would not be replaced. The Irish operation has been judged to be one of the most successful in the world.
McDonald's has operated in Ireland since 1977 and employs 5,000 people in 92 outlets.
"For over a decade, the Irish business has been part of the UK and Ireland business unit and we have recently made some operational changes to reflect that structure," a spokeswoman for McDonald's said.
"In a planned restructuring, operations at the Dublin office are being scaled back. We are currently in a consultation process with our employees and are not able to give specific details while the new corporate structure is being finalised.
"However, Adrian Crean will be stepping down as McDonald's Restaurants of Ireland managing director at the end of July."
In 2015, pre-tax profits for the Irish business increased to €14m.
This followed revenues at the business increasing by 5pc to €85m, thanks in part to new openings.
Sunday Indo Business