See Why Many People Are Worried
Whistleblower Senior Business Editor says The Guardian is reporting as thousands of low-wage workers plan to protest at McDonald’s annual shareholder meeting in Chicago on Thursday the company’s former US boss has warned them: if the minimum wage goes up, McDonald’s is likely to replace them with robots. [READ MORE HERE]
“I was at the National Restaurant Show yesterday and if you look at the robotic devices that are coming into the restaurant industry – it’s cheaper to buy a $35,000 robotic arm than it is to hire an employee who’s inefficient making $15 an hour bagging French fries,” the former US chief executive Ed Rensi told Fox Business’ Maria Bartiromo.
Rensi, who was the CEO of McDonald’s US in the 1990s, said a national minimum wage of $15 an hour – which is being pushed for by an alliance of labor unions and workers – was nonsense and would lead to “job loss like you could not believe.” [READ MORE HERE]
Now, if you think that could never ever happen, The Blower recalls a story last year about a McDonald’s Restaurant in Phoenix that was supposed to be staffed entirely by robots.