The state of California has a brand new $20 minimal wage going into impact on April 1st and a few quick meals chains are already slashing jobs.
Who may have predicted such a factor, apart from nearly everybody?
This may solely spur extra innovation in automation. Many quick meals eating places already use automated cashiers. In some unspecified time in the future, we are going to see quick meals eating places which can be one hundred pc automated. This new minimal wage will solely deliver that about quicker.
The New York Post experiences:
Calif. fast-food chains slash employees as $20-an-hour minimal wage looms
California eating places are reportedly shedding workers and lowering hours for different workforce members in an effort to chop prices forward of a California state legislation taking impact on April 1 that can elevate fast-food employees’ hourly wage to $20.
Within the months main as much as the wage mandate, California eateries, significantly pizza joints, have established a plan to chop jobs, in response to state data obtained by The Wall Avenue Journal.
Pizza Hut and Spherical Desk Pizza — a Menlo Park, Calif.-founded chain of 400 pizza parlors, totally on the West Coast — have mentioned they plan to put off round 1,280 supply drivers this 12 months, in response to data that main employers should undergo the state earlier than giant layoffs, The Journal reported.
Pizza Hut already despatched notices to workers informing them of their final day.
Michael Ojeda, a Pizza Hut driver for eight years in Ontario, Calif., acquired one of many notes from Pizza Hut franchisee Southern California Pizza in December telling him that his final day of labor could be in February.
Anybody with an oz. of frequent sense knew this is able to occur.
Who may have predicted this completely predictable consequence? https://t.co/PeZ4ojVKF0
— Carol Roth (@caroljsroth) March 25, 2024
Unexpectedly! – mentioned the economically illiterate buffoons https://t.co/2R64oTKjZY
— Physics Geek (@physicsgeek) March 25, 2024
No sane human with above a room temperature IQ is shocked by this https://t.co/PaSI21CPQU
— TheMister (@MistersHomeRoom) March 26, 2024
“I’ll take things that everyone who understands economics saw coming from a mile away for a $1000, Alex.” https://t.co/kE8neGg8Pj
— Ironhead841 (@Mt2Aguy) March 25, 2024
What comes subsequent? Employees protesting the slashing of jobs. It’s all so predictable.
