Listen: McDonald's ends its war against higher employee wages
"McDonald's recently announced they would stop lobbying against minimum wage increases at the federal state and local levels says many people shocked, including Butch you. Molly who owns restaurants in New York City. And now a New York the minimum wage is fifteen dollars an hour. He talks about what he's had to do since the beginning of the year. When this Bill was passed into law in New York City became a very big challenge. Now, we have to figure out ways to reduce that we have to. We don't want to raise prices that hurt the customer. So ultimately, you lose jobs and people have lose their hours on their paycheck, and it became very costly to us. That means you're waiters are also bussing tables and probably preparing, you know, before you have different ways of to get to the table. You have expediter runner a bus awaits waitstaff. Now just goes away stiff to the table, so three people lose hours. That's no good and his initial. Reaction to the minimum wage Bill O we had figure out a way how we're gonna make this money back. So we cut on anything that was minimal concession hotdogs or soda down. How can you charge? So they close they're done those people whose jobs younger children that come out of high school and college we're not going to hire them because we can't we can't afford to have them there, and how much more can you charge for basic food? Do people go out spend one hundred dollars years ago? It was a lot of money on anything anymore. Shamali predicts that you'll be seeing a lot more of the automated fast food restaurants where unisons order from chaos, and then are served your meal from one person as opposed to someone taking your order."