If I'm someone who is looking to own a few fast-food establishments, California is the last place I would want to open one. As any business owner, why would you want to have any business whatsoever in this crazy state?
Instead of jubilation, Gov. Gavin Newsom's impending $20 fast food minimum wage hike is continuing to attract scrutiny, as a procession of companies warn of layoffs and increased prices on the heels of accusations the law offered carveouts for a wealthy donor.
Starting April 1, employees of most fast food establishments will see a substantial wage increase as a $20 minimum wage takes effect, but it doesn't spell good news for everyone, as several fast food executives warn they will raise prices and lay off workers.
Newsom takes heat as California's fast food wage set to hit $20, layoffs expected
The month ends with another sour point for Gov. Gavin Newsom as companies claim $20 fast food minimum wage will lead to layoffs and price increases.
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