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California Pizza Huts ($YUM) lay off all delivery drivers ahead of minimum wage increase

-Pizza Hut is laying off more than 1,200 delivery drivers in California.
-The layoffs come as fast-food workers in California are set to get a pay bump of close to 30% in April as the minimum wages rises from $16 to $20 an hour.
-Twenty-two states are set to increase minimum wages at the beginning of 2024.
The layoffs, which will take place through the end of February, come as California's minimum wage is about to go up by $4. Fast-food workers in the state are set to get a pay bump of close to 30% in April as the minimum wages rises from $16 to $20 an hour.
How can California customers get Pizza Hut delivered?
Customers must use third-party apps like DoorDash, GrubHub and Uber Eats for food deliveries at the affected chain restaurants.
In California, nearly one million fast food and healthcare workers are set to get a major raise after a deal was announced earlier this year between labor unions and industries.
Under the bill, most of California's fast-food workers will be paid at least $20 per hour next year. And a separate bill will increase healthcare workers' salaries to at least $25 per hour over the next 10 years.
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