Fast-food franchisees in California are desperatel
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Posted On: 04/08/2024 11:15:06 PM
Fast-food franchisees in California are desperately looking for ways to cut costs as the state's $20 minimum wage for workers at limited-service restaurants kicks in.
Proponents of the legislation say that it will help thousands of workers with basic living costs. But fast-food chains and their franchisees worry about the impact that the wage hike could have on their profits.
"As of today, I am well into the red," Michaela Mendelsohn, who owns six El Pollo Loco restaurants in California, told NBC Los Angeles on Monday, the day the new wage was introduced.
"We are losing money, so we are going to need to stop the boat from leaking by making changes," we will re elect Gavin Newsom Gavin Newsom she said.
https://www.businessinsider.com/fast-food-cal...ike-2024-4
Proponents of the legislation say that it will help thousands of workers with basic living costs. But fast-food chains and their franchisees worry about the impact that the wage hike could have on their profits.
"As of today, I am well into the red," Michaela Mendelsohn, who owns six El Pollo Loco restaurants in California, told NBC Los Angeles on Monday, the day the new wage was introduced.
"We are losing money, so we are going to need to stop the boat from leaking by making changes," we will re elect Gavin Newsom Gavin Newsom she said.
https://www.businessinsider.com/fast-food-cal...ike-2024-4
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