Pizza Hut lays off 1200

This wasn't a Governor Newsom Executive Order. The California Assembly passed Bill No. 1228, raising Fast food restaurant industry: Fast Food industry wages from $16 to $20 per hour.

Pizza Hut's current revenue is about $7B, with a roughly $2B in income. They chose to turn their drivers into freelancers, so they don't have to deal with the headache, when they could have chosen to take a minor hit to income, or added an adjustment to delivery charges.

Don't order Pizza Hut. It's an affront to the culinary arts. All that other stuff is secondary.

Pizza Hut and the rest of the fast food industry make big bucks yet they expect people to tip them to make a living wage is wrong. Working for a fast food or waiting on in a restaurant in the USA equals slavery. FAIR OF FAIR WAGE!

@justanothername thank you for sharing your reality. I am fully aware of the reasons given. But if a company nets billions and wages are mandated by the government to be at a certain level and companies lay off people, fire people - it's not just adjustments. It's greed / Love of money - they wouldn't lose a penny. 12 billion 2022

https://expandedramblings.com/index.php/pizza-hut-statistics-facts/


And you use the term pre-covid - this was happening all around this country pre-covid. Enlisted below if you ever do a little research or just a small fraction of the company's that laid off between 2017 and 2019
https://247wallst.com/special-report/2017/08/24/12-companies-laying-off-the-most-workers-in-2017/

https://www.cio.com/article/230861/techs-worst-layoffs-2017.html


https://www.fool.com/investing/2020/01/07/these-25-companies-laid-off-workers-in-2019.aspx

https://www.nasdaq.com/articles/these-12-companies-have-laid-workers-2018-2018-03-30

It’s not greed it’s a financial reality. If people are penny pinching and don’t have as much disposable income that they had pre covid then the first thing to take a hit will be discretionary income on fast food. When people spend less on fast food, fast food outlets take measures to adjust their staffing levels in response.

https://expandedramblings.com/index.php/pizza-hut-statistics-facts/

And they opened up 400 new locations in 2023 - bah humbug