McDonald’s Corp. is eliminating layers of management and creating a new organizational structure in the U.S. as it seeks to better respond to consumer tastes amid falling sales and profits.

Following news that it would trim its corporate team, McDonald’s outlined its upcoming U.S. organizational changes in a memo dated June 11. The company said it “has made changes to its organizational ...

McDonald’s (NYSE:MCD), the world’s largest burger chain, unveiled plans to turnaround its business by accelerating refranchising and overhauling its ...