McDonald’s, Chipotle to hike menu prices after California Gov. Newsom approves $20 fast food minimum wage
https://sh.itjust.works/post/8586229

McDonald’s, Chipotle to hike menu prices after California Gov. Newsom approves $20 fast food minimum wage - sh.itjust.works
This is what being addicted to ever-growing profit looks like. They could still make mountains of profit with the new minimum wage, but they can’t make as much profit as they did before.
Or, you know, make as much profit by the executives taking a pay cut.
McDonald’s has 200,000 employees, and another 2 million that work for McDonald’s franchises. Thats 2,200,000 for every 100 million you took from the executives, you could give every employee a $45 bonus.
And if they took the money they use in stock buybacks and used that for salary, what would it be?