McDonald's franchisee group says new California fast-food bill will cause 'devastating financial blow'
Publishing timestamp: 2023-09-15 15:42:08
Summary
The article discusses how an independent advocacy group of McDonald's owners is opposing a fast-food bill passed by California lawmakers. The bill includes a wage floor of $20 for California workers at fast-food chains with at least 60 locations nationwide. The group claims that this will be a devastating financial blow to franchisees. McDonald's has also expressed its opposition to the bill and outlined changes made to the final version that are considered better for owners. Other franchise and restaurant groups have a more positive outlook on the compromise. Worker advocates see this as a step towards transforming the industry for the better.
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Keywords: u.s. economy, business news, restaurants, mcdonald's corp,