30. McDonald’s

How Many Stores Closing: 1 store, many layoffs

Current Value of the Business: $210.76 billion*

Recently, McDonald’s, the world’s leading fast-food giant, unveiled plans for a significant overhaul. This restructuring effort is poised to affect hundreds, with potential layoffs anticipated by the year’s end, as reported by ABC7NY.

Furthermore, McDonald’s has shuttered several outlets, notably one in Pittsburgh, marking a significant moment. The Post-Gazette reports the downtown Pittsburgh shutdown signifies a pivotal change, mainly attributed to diminished drive-thru patronage, leading to a lease non-renewal.