BarterClub@sh.itjust.worksM to Antiwork@lemmy.world · 1 year ago

McDonald's pushes back: "business model can't sustain $20/hr"

www.cnbc.com

cross-posted to:
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McDonald's pushes back: "business model can't sustain $20/hr"

www.cnbc.com

BarterClub@sh.itjust.worksM to Antiwork@lemmy.world · 1 year ago

cross-posted to:
[email protected]

McDonald's franchisee group says new California fast-food bill will cause 'devastating financial blow'

www.cnbc.com

The California fast-food bill will raise the minimum wage for many California workers at fast-food chains to $20 an hour starting April 1.

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1 year ago
I have a bigger issue with the billions they spend every year in stock buybacks. Last year, it was $4B. That’s an additional 20k per employee.

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McDonald's pushes back: "business model can't sustain $20/hr"

McDonald's pushes back: "business model can't sustain $20/hr"

McDonald's franchisee group says new California fast-food bill will cause 'devastating financial blow'