SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
FJB
TimF
To: Wharf Rat who wrote (929707)4/9/2016 11:44:08 AM
From: d[-_-]b2 Recommendations  Read Replies (1) of 1578452
 
We'll find out.

Yes we will and once they replace the workers they will not be coming back. That said I expect this would happen without the minimum wage hikes - it will just happen quicker now.

McDonald's franchisees have complained about the rising costs of labor.

"At least half of the operators in my region are on the verge of collapse," one franchisee wrote in response to a recent survey by former Janney Capital Markets analyst Mark Kalinowski. "With minimum wage for fast food workers potentially increasing to incredibly high levels, we are facing a crisis situation."

Another franchisee wrote, "We are in uncharted waters. The minimum wage issue is a major threat to the survival of the operator community." The franchisee said McDonald's should be "putting every resource available" into finding labor savings, through technologies such as kiosks and automatic fry dispensers.

The price increases needed to offset any added labor costs "would cause a complete collapse in guest counts," the franchisee added. "I see no other options but the company paying to keep operators alive until they figure out how to reduce labor required by 30%."

businessinsider.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News