The Minimum Wage Kills Again: Pizza Hut Closing As Many as 500 Dine-In Restaurants
They are moving to a less labor-intensive format.
“We are leaning in to accelerate the transition of our Pizza Hut U.S. asset base to truly modern delivery/carryout assets,” said David W. Gibbs, president, chief operating officer and chief financial officer for Yum! Brands, in an Aug. 1 earnings call.
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