McDonald's Corp. plans to cut jobs as part of an effort to shrink the corporate structure, according to a report from The Wall Street Journal. The number of layoffs was not disclosed, but further details will be provided at a June 12 town hall. The goal of the restructuring is to better support franchisees, the Journal reports, while also making the company more "nimble and competitive." The news comes just days after the June 5 opening of McDonald's new Chicago headquarters. The facility will house about 2,000 workers along with a Hamburger University training facility. McDonald's shares are up 2.3% in Thursday trading, but down 3.5% for 2018 so far. The Dow Jones Industrial Average is up 1.7% for the year to date.