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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 accredited a wage improve for fast-food staff.
The Golden Arches’ CEO Chris Kempczinski introduced the CA worth improve 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 probably bump up costs, too.
Whereas a rise in value to your Large Mac or burrito bowl definitely is not new, the most recent worth 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 stated CA is “home to more than 500,000 fast-food workers who – for decades – have been fighting for higher wages and better working conditions.”
The brand new regulation will kick in beginning in April … secure to say, different widespread meals spots may observe in McDonald’s and Chipotle’s footsteps.
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