A hiring sign hangs in the window of a Chipotle in New York, Tuesday, Nov. 1, 2022. (AP Photo/Seth Wenig)
Heads up, tech workers. Chipotle is looking for fresh talent.
The fast casual chain is planning to hire 15,000 employees ahead of "burrito season." The period runs from March to May, culminating in Cinco de Mayo, and is the company's busiest time of year. The hiring spree coincides with a massive expansion in North America.
"Our restaurant teams are the core of this organization and with a goal of more than doubling our footprint to 7,000 locations in North America, we are targeting employees today to serve as our leaders of tomorrow," said Scott Boatwright, chief restaurant officer, in a press release. "We will continue bringing in new crew to support Chipotle's aggressive growth plans, while simultaneously promoting and upskilling those currently in role."
The recruitment campaign coincides with existing television spots featuring behind-the-scenes footage of working at the restaurant.
"Our goal is to develop and retain diverse talent at every level of the organization and be the employer of choice," Boatwright said.
The average hourly wage for Chipotle crew members in New York City is $17.10, according to Indeed. In San Francisco, a tech hub, the average rate is $16.19 per hour.
Amid 2021's tight labor market, the company announced plans to gradually raise its starting wage to $15 per hour. Since then, U.S. inflation has caused real average hourly earnings to fall 1.7 across industries.
In its press release, Chipotle touted opportunities for new employees to advance their careers, noting that 90 percent of all restaurant management roles were internal promotions.
Boeing workers at three Midwest plants where military aircraft and weapons are developed have voted to reject the company’s latest contract offer and to continue a strike that started almost three months ago. The strike by about 3,200 machinists at the plants in the Missouri cities of St. Louis and St. Charles, and in Mascoutah, Illinois, is smaller in scale than a walkout last year by 33,000 Boeing workers who assemble commercial jetliners. The president of the International Association of Machinists says Sunday's outcome shows Boeing hasn't adequately addressed wages and retirement benefits. Boeing says Sunday's vote was close with 51% of union members opposing the revised offer.
The stunning indictment that led to the arrest of more than 30 people — including Miami Heat guard Terry Rozier and other NBA figures — has drawn new scrutiny of the booming business of sports betting in the U.S. The multibillion-dollar industry has made it easy for sports fans — and even some players — to wager on everything from the outcome of games to that of a single play with just a few taps of a cellphone. But regulating the rapidly-growing industry has proven to be a challenge. Professional sports leagues’ own role in promoting gambling has also raised eyebrows.
Tesla, the car company run by Elon Musk, reported Wednesday that it sold more vehicles in the past three months after boycotts hit hard earlier this year, but profits still fell sharply. Third-quarter earnings fell to $1.4 billion, from $2.2 billion a year earlier. Excluding charges, per share profit of 50 cents came in below analysts' estimate. Tesla shares fell 3.5% in after-hours trading. Musk said the company's robotaxi service, which is available in Austin, Texas, and San Francisco, will roll out to as many as 10 other metro areas by the end of the year.
Starbucks’ AI barista aims to speed service and improve experience. Nick Lichtenberg, Fortune Business Editor, explains its impact on workers and customers.
As Big Tech reports Q3 earnings, investors await proof that massive AI and cloud investments from Meta, Apple, Microsoft, and Alphabet are driving real growth.
Eric Trump joins us to discuss American Bitcoin’s mission, market strategy, and why he believes the U.S. must lead the next era of digital currency innovation.
Unreal Snacks CEO Kevin McCarthy shares how dye-free candy is leading the sweets revolution—just in time for what could be a record-breaking Halloween 2025.