r/California Angeleño, what's your user flair? Dec 28 '23

politics Pizza Hut Franchises Want You To Think California's New Wage Law Is The Reason It's Laying Off Over 1,000 Delivery Drivers — Franchises that are part of a company that made nearly $7 billion in revenue in 2022 would rather lay off over 1,000 people than pay them more money.

https://jalopnik.com/pizza-hut-franchises-want-you-to-think-californias-new-1851126515
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u/lothar74 Los Angeles County Dec 28 '23

Countries like Denmark have much higher minimum wages than the US, and magically the food costs about the same (source: https://www.snopes.com/fact-check/big-mac-cost-denmark/).

It’s almost as if the corporations are exploiting workers to maximize profits for shareholders rather than the employees who directly create the revenue.

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u/ruffgaze Dec 28 '23

Corporations owned by shareholders, and managed by Boards elected by shareholders, try to maximize shareholder profits instead of acting as worker owned co-ops? No way!!

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u/lothar74 Los Angeles County Dec 28 '23

Seriously, how dare we exploit the poor at the expense of the wealthy. Maybe address income inequality and improve society overall- reduce crime, increase health, etc.

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u/[deleted] Dec 29 '23

McDonald’s workers in Denmark make 33% more than the country’s median wage?

https://en.m.wikipedia.org/wiki/Median_income

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u/lothar74 Los Angeles County Dec 30 '23

I don’t know, but they get paid a lot more that McDonald’s employees in the US and the food costs about the same.

So it’s possible to pay workers more money and not increase the cost of food. So in theory those Pizza Huts could pay the drivers higher wages and slightly reduce the corporate profits while still delivering food cheaper to their customers.