Whoda Thunk It?

Pizza Hut is set to lay off more than 1,200 delivery drivers in Los Angeles, Orange and Riverside counties in the coming year, ahead of a new state law that boosts the fast-food minimum wage by $4 to $20 per hour. …

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A second Pizza Hut franchise, Southern California Pizza Co., is also planning to lay off 841 drivers. The layoffs will impact drivers in Pizza Hut locations in Sacramento, Palm Springs, Los Angeles, Central California, Southern Oregon, the Reno-Tahoe area, among others.

[Beege will have a lot more on this later. For me, I have consistently argued that these wage hikes are destructive to employment, inflationary, and completely ineffective in anything but the short term even for those who remain employed. If that weren’t the case, we’d never have to hike the minimum wage at all, no? — Ed]

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