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Approximately 10,000 jobs have reportedly been slashed at California fast food eateries after the minimum wage was hiked to $20.
Gov. Gavin Newsom’s law to pay workers $20 an hour went into effect on April 1 and has apparently taken a devastating toll on the industry, Fox BusinessThe California Business and Industrial Alliance said nearly 10,000 jobs have been cut across fast food restaurants since Newsom signed California Assembly Bill 1228 into law last year.
“California businesses have been under total attack and total assault for years,” CABIA president and founder Tom Manzo told FOX Business. “It’s just another law that puts businesses in further jeopardy.” In order to offset the increased wages, several restaurant chains such as McDonald’s, Burger King, and In-N-Out Burger raised their prices, theNewsom’s minimum wage law in March, according to Breitbart News, saying the menu would be “unaffordable” if items on it were scaled to the updated wages.: "Every single business in California would go under" if Democrat Barbara Lee got her wish for a $50 minimum wage.
“Ghai said he is trying to offset the raised wage by cutting employee hours, doing away with overtime, holding back on opening additional locations, and installing kiosks,” the article stated.
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