Papa John's is set to hire up to 20,000 new employees in an effort to keep up with the demand for "no-contact" delivery, company CEO Rob Lynch told Cheddar Monday.
Lynch said Papa John's has brought on "thousands of workers just in the last couple weeks," with available positions still yet to be filled.
"We will continue to hire as long as people continue to apply," he said.
"For the most part we have had a very consistent employee base. In fact, with the unemployment rates going up, we've worked to create a lot of jobs and our applications are up tremendously versus the last couple years," Lynch noted.
"This is our business model," Lynch said. Coming off of a strong first quarter, he said demand for food delivery has continued and the company has been able to meet it by instituting contactless delivery and relying on its own model of making dough fresh in house and shipping to franchisees.
"We have maybe a bit more control over the supply of our ingredients necessary to make our food," he said. External partners who supply the company with ingredients like cheese and flour continue to run, but Lynch said their businesses have been impacted.
Walmart Inc. is raising the starting base pay for store managers, while redesigning its bonus plan that will put more of an emphasis on profits for these leaders.
Despite concerns about shipping delays in the Red Sea, RSM Chief Economist Joe Brusuelas says there are still reasons to be optimistic about the state of the U.S. economy.
Dan Ives, Managing Director and Senior Equity Analyst at Wedbush Securities dives deeper into a report by the International Data Corporation (IDC) that Apple has ended Samsung's 12-year reign as the world's largest smartphone seller.
Artificial intelligence is the biggest buzzword at the World Economic Forum’s annual meeting in Davos. Advances in generative AI stunned the world last year, and the elite crowd is angling to take advantage of its promise and minimize its risks.
Smartphones could get much smarter this year as the next wave of artificial intelligence seeps into the devices that accompany people almost everywhere they go.
In an annual assessment of global inequalities, Oxfam International said the first trillionaire could emerge within the next decade — as the anti-poverty organization pointed to the growing wealth gap that skyrocketed globally during the pandemic.
The Biden administration proposed a cost drop for overdrawing bank accounts, which it says could particularly relieve Americans living paycheck to paycheck.
