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Quick meals giants McDonald’s and Chipotle are hikin’ up their costs as soon as once more in California … this after Governor Gavin Newsom authorised a wage enhance for fast-food staff.
The Golden Arches’ CEO Chris Kempczinski introduced the CA value enhance Monday, though it is unclear precisely how a lot the grub will now value throughout the State.
Chipotle did a lot of the identical final week, with CFO Jack Hartung revealing on an organization earnings name the Mexican fast-food chain would doubtless bump up costs, too.
Whereas a rise in value in your Massive Mac or burrito bowl definitely is not new, the newest value change comes after Gov. Newsom signed laws in September that elevated the minimal wage for fast-food staff from $16.21 to $20 an hour.
Newsom mentioned CA is “dwelling to greater than 500,000 fast-food staff who – for many years – have been preventing for greater wages and higher working circumstances.”
The brand new legislation will kick in beginning in April … secure to say, different fashionable meals spots may observe in McDonald’s and Chipotle’s footsteps.
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