California Triggers Mass Layoffs By Raising Minimum Wage To $20 An Hour

By Daniel Walker | April 5, 2024

Several chains

As expected, the repercussions of the minimum wage increase in California unfolded predictably, leading to a wave of mass layoffs in the fast-food industry. 
 

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CNN

Several chains responded by either laying off employees or increasing prices, with some establishments even closing down entirely. 
 

Foster’s Freeze

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Pixabay

For instance, Foster’s Freeze employees saw their wages go from $16 an hour to nothing, illustrating the unintended consequences of the wage hike touted as a victory for workers.