Dinged for paying their employees too much. This is everything that's wrong with Wall St.
BofA downgrades Chipotle, says the chain is paying employees too much.http://cnb.cx/2xOFvAd
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“But we absolutely have to give bankers the top wage or they might leave!” - they’re all listed companies too so ... hmm
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Coming from ppl who really do make too much.
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Now that's good old American capitalism for you. "Damn it Chipotle, we can't have these employees making a decent wage!"
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Employees would more likely accept a cut in wages when costs of housing, food and travel drop. Not going to happen so we need more income.
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Makes me want to eat there.
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This!
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I love that vegetarian chorizo dish. It's my lunch today.
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Usually cos get dinged for massive, historic profits that "analysts" somehow determined weren't massive enough for the "investors".
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