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Omaha Steve's Labor Group

Pete Ross Junior

(404 posts)

7. The wage earners work for the franchisees, not the CEO.

Reply to Yo_Mama_Been_Loggin (Original post)

Fri Jan 27, 2023, 02:23 PM

Jan 2023

His pronouncement is aimed at keeping the franchisees in line, some of whom might be willing to pay such wages.
Certainly not to convince the workers.

Doesn't improve the moral caliber of the CEO, of course. The point is understanding why he said it, instead of just keeping his mouth shut.

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Highlight:

McDonald's president who made $7.4 million last year says proposal to pay fast-food workers $22 an h [View all] Yo_Mama_Been_Loggin Jan 2023 OP

How are higher wages going to 'drive away businesses' in the restaurant sector? House of Roberts Jan 2023 #1

MCD is the 3rd largest holding in my portfolio, not including any shares that may be... Mark.b2 Jan 2023 #2

Here's a thought, cut the top executives' pay. Bluethroughu Jan 2023 #3

McDonald's CEO says layoffs are coming progressoid Jan 2023 #4

These overpaid CEO's don't work half as hard as the front line employees Deuxcents Jan 2023 #5

Mickie D's has already let go of many employees, replacing them with computer screen no_hypocrisy Jan 2023 #6

The wage earners work for the franchisees, not the CEO. Pete Ross Junior Jan 2023 #7