Pizza Hut franchisees lay off more than 1,200 delivery drivers in California as restaurants brace for $20 fast-food wages
Pizza Hut franchisees lay off more than 1,200 delivery drivers in California as restaurants brace for $20 fast-food wages
PacPizza, a Pizza Hut franchisee, plans to lay off its entire fleet of delivery drivers ahead of California's wage increases for fast-food workers.
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You claim to understand how franchises work but your comment says otherwise.
How much do you think franchises pay in fees to pizza hut?
How much do you think it will cost the average restaurant to pay delivery drivers the 30% wage increase?
Did I say all of the greed comes from this particular stock buyback? Did I say all of the greed comes from franchise fees? No. Try thinking it through.
Surprise surprise you couldn't answer my questions.
Not sure he understand they’re not employees of Pizza Hut. They’re employees of the franchise. I also don’t think he understands how low margin food is. If an employee doesn’t generate enough value they are gone. It’s not a charity.
Surprise surprise, you couldn't understand the argument even when spelled out to you in the simplest way possible.
Any more glib back and forth you'd like to have?
You haven't spelled out anything, you have no idea how much franchises pay in fees so your claim that that's the problem is ignorant.
Yeah, because billions of dollars just appear out of nowhere.
What's your point? That pizza hut saved up revenue and was able to buy back shares instead of refunding franchises so they could afford delivery drivers for a year?
The money that went into the stock buy backs (paying the rich) came from the value created by the laborers, when it instead should have fairly gone to the laborers so they could have a living wage. The reason it hasn't is greed.
I've explained this multiple times now.
This is one of the dumbest things I’ve ever read. You just stated companies should be non-profits. That means they wouldn’t pay taxes, they couldn’t expand, they’d have no safety net. It isn’t greed to have a profit.
Woosh
It’s no Woosh. . Sadly you think you won the internet with that statement.