McDonald's franchisee group says new $20 minimum wage California fast-food bill will cause 'devastating financial blow'

Press X to doubt.

Sounds like McDonald's can't afford to do business. I guess the free market will have them close.

Yes.... And?

Slave labor would be much more profitable, but we have values beyond just your profits.

Big company suffers devistating effects when told to pay their workers well.

Well boo-fucking-hoo

To quote FDR:

In my Inaugural I laid down the simple proposition that nobody is going to starve in this country. It seems to me to be equally plain that no business which depends for existence on paying less than living wages to its workers has any right to continue in this country.

If you can't pay your workers a fair wage, you shouldn't run a business.

The guy who owns the franchise my nephew worked at in high school drove an actual Rolls Royce. He owned a few, but goddamn. The guy who owned the franchise I worked at 20 years earlier owned like 3 houses or something and flew planes as a hobby (idk if he owned one).

Excuse me for not giving a shit about a financial blow to people like them.

And? Of course it'll cost them money. They have been hoarding pay increases for years. 8f your business model doesn't support paying a decent wage, your business model sucks.

Cry me a river! Y'all already charging $15+ for a combo meal!

McDonald's operates in many, many countries, several of which require minimum wage way higher than what they pay workers in the US. I'm sure they'll be fine.

Boo hoo. If you can’t run your business without exploiting the fuck out of people then you don’t deserve to be in business. Fuck off already your food is SHIT.

I guess they can't afford to do business 🤷

Go get a job, lazy ass "owners".

You mean, just like all restaurants and fast-food franchises were going to go bankrupt if they raised minimum wage to $15.00 up here?

It’s been several years, and I haven’t seen any boarded-up McDonald’s during that time.

and I say to them "eat shit and die"

If, like me, you're concerned that franchisees may not be able to raise prices and offset this $250k in yearly expenses, worry no more because they totally can.

This whole complaint is nonsense. That's a trivial markup per food item.

Has McDonald's seen what it charges for its garbage food these days? $20 ain't shit.

"We'll make less money. We're job creators. We can't create more jobs but hording the money if you don't let us have the money!"

It's not like $20/ hr is even that much money - ~40k a year probably won't even qualify you to rent an apartment most places anyone wants to live.

if we have to pay a living wage fast food will die

Then die.

BS. They said the same thing about $15, then COVID forced it on them (and presumably also raised their own costs for supplies), and it's been fine. I think my McDs charges 1.25 for a soda now instead of a dollar.

Boo hoo, if you can't capitalism right then your business should go under right? Isn't that what they believe?

No it won't, you'll just make slightly less profits, but you'll still be profitable. If it helps sweetie, you shouldn't have been making that much profit in the first place, you're just getting called out on your bullshit now.

Awww. I'm so sad for these billionaires.

If your business can't afford to pay a fair wage, it doesn't deserve to exist.

Fuck you, pay them

A devastating financial blow, to our yearly bonuses.

Good, any shit company that can't make living wages work don't deserve to be in business.

They may only be able to give executives a 20% raise next year if this goes ahead.

McDonald's CEO salary is at $20 million, but yeah paying the employees, who actually bring value to the company, a living wage is the problem

Since they’ve been shrinking down the size of their meals and raising the prices along the way- I’ve no sympathy for them at all. Let them go under. We’d be better off.

Go fuck yourself, world's leading fast food restaurant and the inventor of the chain franchise. Billions served, hundreds of billions of dollars made, millions of tons of food thrown away, and still can't afford to pay people a living wage? Instead of eating McDonald's, let's just eat McDonald's. Eat the rich!

I call bullshit in Australian minimum wage, because they've been doing just fine paying more than that here, for quite a while.

They always say this, it never happens because the min wage when it was originally implemented would be 35 dollars now. It didn't happen then, it won't happen now, but the press just reports this stuff like McD's is serious.

Don't threaten me with a good time.

Oh darn. Anyway

It will be ever so devastating for their employees to actually be able to afford a meal at their own restaurant.

Whatever will they do with all of these new customers that are also their own employees.

/s

... to the franchisees 🙄 To everyone else though, we'll get a livable wage.

And let's be honest, this devastating financial blow they speak of probably just means 1 less yacht for them.

They can just run the kitchens themselves to save a few bucks

Poor-poor tiny McDonald's.

You lot are so unsympathetic this could mean some people will have to wait another year for their private islands where's your humanity!

Permanently Deleted

Good.

Permanently Deleted

still $7.25 federally a lot of states still are especially in manufacturing states there is low wage and low regulations and low education country is not getting more united

This is a threat, not capitulation

They’re doing just fine in Australia where the minimum wage is higher than that

They already pay $20/hour in my area. I am not in Cali.

Fuck mcdonalds 👍

Oh noooo other restaurants managed even without universally well known name to back them up. How could Mcdonald ever survive? The Mcdonalds in Europe have to be in shamble, surely.

They'll wipe their tears with the help of Benjamin Franklin

There go the petty bougies complaining again as if we give a shit.

Ok.

NRA (National Restaurant Association)

Lifting a BigMac into the air

FROM MY COLD, DEAD HANDS!

they just pass the bill on to the consumer. from the dollar menu to the 1 2 3 dollar menu. soon it'll be the "under $5 club" but the cheapest item will be a small fry for $3.79

Every time they have made this complaint in the past, it has been a lie.

These prices have nothing to do with their actual cost. The "inflation" is them raising prices arbitrarily to flirt with the line of when poor people will finally revolt. They are just flying closer to the Sun by choice today, these aren't in reaction to any real world choice or condition that the business needs to make to "survive"

I live in Sacramento. I'm fine with all the McDonalds franchises in California shutting down.

Thoughts and prayers, Mickey D.

Good. Maybe people will become less spherical with lower availability of this shit.

ITT: People with no idea how franchises work.

Good

oh no... anyway

Good thing they did away with self refills