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#2,339 - The California Minimum-Wage Disaster Continues - 10,000 employees fired
Manage episode 423586255 series 2792715
A beloved Mexican fast food chain shuttered four dozen locations in California because of the “rising cost of doing business” in the state — just two months after Gov. Gavin Newsom imposed a $20 minimum wage.
Rubio’s Coastal Grill, known for its fish tacos, closed 48 underperforming stores in the Golden State as of May 31, while keeping 86 stores in California, Arizona and Nevada open, the privately-owned chain said in a statement.
“The closings were brought about by the rising cost of doing business in California,” a spokesperson for the restaurant chain told The Post on Tuesday.
“Making the decision to close a store is never an easy one. While painful, the store closures are a necessary step in our strategic long-term plan to position Rubio’s for success for years to come.”
--- Send in a voice message: https://podcasters.spotify.com/pod/show/darien-dunstan3/message
2309 episodes
Manage episode 423586255 series 2792715
A beloved Mexican fast food chain shuttered four dozen locations in California because of the “rising cost of doing business” in the state — just two months after Gov. Gavin Newsom imposed a $20 minimum wage.
Rubio’s Coastal Grill, known for its fish tacos, closed 48 underperforming stores in the Golden State as of May 31, while keeping 86 stores in California, Arizona and Nevada open, the privately-owned chain said in a statement.
“The closings were brought about by the rising cost of doing business in California,” a spokesperson for the restaurant chain told The Post on Tuesday.
“Making the decision to close a store is never an easy one. While painful, the store closures are a necessary step in our strategic long-term plan to position Rubio’s for success for years to come.”
--- Send in a voice message: https://podcasters.spotify.com/pod/show/darien-dunstan3/message
2309 episodes
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