Reported 7 months ago
Following California's implementation of the $20 minimum wage law, quick service restaurants [QSRs] in the state have cut nearly 10,000 jobs. The law, effective since April 1, 2024, requires large restaurant chains to increase hourly wages, prompting major chains like McDonald's and Burger King to raise prices, reduce employee hours, and consider automation. Pizza Hut and Round Table Pizza are expected to lay off 1,280 delivery drivers. Businesses criticize the law for putting them at further risk and increasing financial challenges, leading companies like Navia Robotics and Nuwa Robotics to provide AI robotic solutions to help manage costs.
Source: YAHOO