The franchise owners are still extracting wealth from the restaurant owners. That 1.2 billion came from somewhere, it didn’t just poof into existence. That’s 1.2 billion that should have gone to the workers instead of the rich shareholders who own the company. As a whole, as an entire organization they are greedy fucks and it shows.
https://investors.yum.com/news-events/financial-releases/news-details/2023/Yum-Brands-Reports-Fourth-Quarter-Results-and-Increases-Dividend/default.aspx
They are just greedy. They have the money, but giving the money to the rich is evidently more important.
https://cwa-union.org/stock-buybacks-hurt-workers
They aren’t the same people.
Franchise owners are doing this, not the centralized brand they are franchising from.
The franchise owners are still extracting wealth from the restaurant owners. That 1.2 billion came from somewhere, it didn’t just poof into existence. That’s 1.2 billion that should have gone to the workers instead of the rich shareholders who own the company. As a whole, as an entire organization they are greedy fucks and it shows.