Shares of McDonald's fell on Monday after the company announced the sacking of its chief executive, Stephen Easterbrook, who was involved in an emotional relationship with a worker in the company, which officials described as a misunderstanding and appreciation of the company's laws that prevent emotional involvement among employees.

McDonald's lost $ 4 billion of its market value, according to Business Insider.

The sacking decision, issued at the end of last weekend, caused McDonald's shares to fall 3 percent on Monday.

Shares were trading at around $ 188 in the early afternoon, down 3.11 percent.

The drop in shares led to a loss of $ 4 billion in value, based on market capitalization of around $ 147.3 billion at Friday's close.

Since Easterbok took over in 2015 at the company, he has led the transformation of the company, leading to a doubling of McDonald's share price.

Also read:

With a salary of $ 16 million a year, McDonald's sacked its chief executive