There's a new California law that took effect January 1st that the minimum wage goes up to $20 for fast food restaurants. Those restaurants that have 60 or more locations throughout the nation have to comply with this. As a result, what's happened is two Pizza Hut franchisees have decided to fire their drivers. 1,200 people get fired because being paid $20 an hour doesn't work. Now they're making about $16 an hour, so we're talking about the difference of about $4.
SOURCE ARTICLES
https://www.cnn.com/2023/08/03/business/nightcap-ceo-pay/index.html
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