Pizza Hut franchisees lay off more than 1,200 delivery drivers in California as restaurants brace for $20 fast-food wages - eviltoast
  • jimbolauski@lemm.ee
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    1 year ago

    What’s your point? That pizza hut saved up revenue and was able to buy back shares instead of refunding franchises so they could afford delivery drivers for a year?

    • PizzaMan@lemm.ee
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      1 year ago

      The money that went into the stock buy backs (paying the rich) came from the value created by the laborers, when it instead should have fairly gone to the laborers so they could have a living wage. The reason it hasn’t is greed.

      I’ve explained this multiple times now.

      • Neuromancer@lemm.eeOPM
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        1 year ago

        This is one of the dumbest things I’ve ever read. You just stated companies should be non-profits. That means they wouldn’t pay taxes, they couldn’t expand, they’d have no safety net. It isn’t greed to have a profit.

    • IHadTwoCows@lemm.ee
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      1 year ago

      Do you understand how profits and CEO pay have increased by thousands of percentages while pay for employees has not?

      This SHOULD be a huge issue for Republicans but since they’re all full on fascists now they no longer understand basic economics.

      • jimbolauski@lemm.ee
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        1 year ago

        Your “greedy CEOs” rant has nothing to do with the current situation. The franchises which hire and pay the delivery drivers don’t have CEOs.

        How are Republicans being fascists in this situation?

        • Neuromancer@lemm.eeOPM
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          1 year ago

          Don’t expect logic from the greedy people.

          I think it’s funny. It’s greedy for people to want to keep their money and not give it to them. It’s the other way around in my opinion.

        • IHadTwoCows@lemm.ee
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          1 year ago

          Again, it seems that you dont know how franchises work.

          The money to pay employees is extracted by the CEOs of the parent company.

          The franchises do, in fact, have CEOs.