Dem endorsed $20 minimum wage for fast-food workers leads Carl’s Jr. franchisee to bankruptcy

Dem endorsed $20 minimum wage for fast-food workers leads Carl’s Jr. franchisee to bankruptcy

A major Carl’s Jr. franchise operator in California has filed for Chapter 11 bankruptcy, pointing to the state’s $20 minimum wage for fast-food workers as a key driver of its financial troubles. Friendly Franchisees Corporation, through its subsidiary Sun Gir, said in a court filing that the wage increase, implemented in 2024, “materially increased operating...

Original Source

Read the full article at Nypost →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.