McDonald’s Corporation (MCD), Burger King Worldwide Inc (BKW) and Yum! Brands, Inc. (YUM) Might Be Affected Because Of Nationwide Protest

Burger King (BKW)

The Fight for 15, a movement that demands that all fast food workers should be paid no less that $15 an hour has announced a nationwide fast food workers strike. The movement’s representatives have warned that the strike, set for Thursday, will adversely affect major fast food chains, McDonald’s Corporation (NYSE:MCD), Burger King Worldwide Inc (NYSE:BKW) and Yum! Brands, Inc. (NYSE:YUM).

The movement also announced that the strike will affect at least 150 cities in the US. Many of the fast food workers, who earlier joined hands in a convention held in July, unanimously agreed that they will do whatever it takes to ensure a pay raise and that the pay per hour shouldn’t be anything less than $15 an hour.

In an article published by MSNBC, Terrence Wise, a Missouri-based Burger King Worldwide Inc (NYSE:BKW) employee who’s a Fight for 15 National Organizing Committee member, also reaffirmed that indeed that was a resolution passed by those who attended the earlier convention.

McDonald’s Corporation (NYSE:MCD) is currently facing a lawsuit filed by one of her workers who claims that many employees work overtime without pay while some hours are also erased off time cards. If McDonald’s Corporation (NYSE:MCD) looses this case, it will further give the movement a lifeline and reenergize the campaign for $15 minimum wage per hour.

Mc Donalds (MCD)

The reason why McDonald’s Corporation (NYSE:MCD), Burger King Worldwide Inc (NYSE:BKW) and Yum! Brands, Inc. (NYSE:YUM) will be the most affected is because they are some of the largest fast food chains that also have employees being paid less than $15 an hour.

The three fast food chains have some workers paid around $8, some of whom are college graduates.

Most employees who spoke with CNN on the planned Thursday strike have vowed to do whatever it takes whether it means risking arrests.

This article has been written by Victor Ochieng.

“McDonald’s Corporation (MCD) faces largest Monthly Decline since 2003 whilst losing Young Customers To Other Restaurants Including Chipotle Mexican Grill, Inc. (CMG)”

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