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Your favorite global companies continue to endure global shortages

 | Business News Today

Your favorite global companies continue to endure global shortages

| Local Business News | News Today


McDonald’s:

The world’s most famous fast food chain has had to resort to removing items from its menus in various regions as it runs out of raw materials due to crippling supply chain shortages in Europe and the UK. In the US and some other regions, the prominent company faces another shortage: a labor shortage.

Your favorite global companies continue to endure global shortages

 | Business News Today General motors: General Motors, one of the world’s largest automakers, recently warned of the continuing decline in production due to global semiconductor shortages in its latest earnings report.
Your favorite global companies continue to endure global shortages

 | Business News Today Intel: Intel, one of the biggest names in the semiconductor ecosystem, is responsible for the design, manufacture and sale of many of the semiconductor chips that the world uses today. But its chief executive, Pat Gelsinger, said the shortage may last until 2023, as global supply chains are making it difficult for manufacturers to catch up on the backlog.
Your favorite global companies continue to endure global shortages

 | Business News Today Samsung: Samsung, a world leader in electronics and another leader in semiconductor production, posted some of its highest profits in years while warning of continuing problems in semiconductor production due to component shortages.
Your favorite global companies continue to endure global shortages

 | Business News Today Amazon: One of the largest companies in the world, Amazon has increased its wages to cope with a severe labor shortage. With the arrival of the Christmas season, the company hopes to reinforce its workforce to face the difficult but profitable season.
Your favorite global companies continue to endure global shortages

 | Business News Today Apple: Apple CEO Tim Cook recently revealed during an earnings call that the world’s most valuable company suffered losses of more than $ 6 billion in its latest quarter due to its inability to produce iPhones at full capacity. The drop in production is due to the global shortage of semiconductors.
Your favorite global companies continue to endure global shortages

 | Business News Today Nike: Sportswear and fashion brand giant Nike has warned consumers and investors that it faces a shortage of products due to crippled supply chains that run from its factories in Asia to its markets in Europe and North America, as that large ports are still backed by ships that need to unload their goods and the shortage of containers only exacerbates the situation.
Your favorite global companies continue to endure global shortages

 | Business News Today Costco: The retail giant has warned consumers that it has been facing a shortage of some of its products, as it reintroduced limits on the number of items a single customer can buy. An item that has been emblematic of the COVID-19 pandemic, the toilet paper roll, is in short supply in many places.
Your favorite global companies continue to endure global shortages

 | Business News Today Came: Before the festive season, wineries have faced a shortage of bottles of wine. The problem has arisen from supply chains that have yet to recover from the COVID-19 pandemic, and as a result, wine may be in short supply in many areas.

(Edited by : Yashi gupta)


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Your favorite global companies continue to endure global shortages

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