Chipotle to hire 19,000 additional workers for peak demand season

Published 01/24/2024, 08:05 AM
Updated 01/24/2024, 08:11 AM
© Reuters. FILE PHOTO: A Chipotle worker makes the new Quesadilla dish at the Chipotle Next Kitchen in Manhattan, New York, U.S., June 28, 2018.  REUTERS/Shannon Stapleton/File Photo
CMG
-

(Reuters) - Chipotle Mexican Grill (NYSE:CMG) said on Wednesday it is looking to hire 19,000 additional employees to beef up workforce at its restaurants for its busiest time of the year.

The restaurant chain operator's hiring plans for this year's "burrito season", which runs from March to May, is a step-up from 2023, when it announced plans to hire 15,000 new workers for the period.

This season traditionally sees a spike in demand at Chipotle, as warmer weather and more daylight prompt Americans to spend time outdoors and visit the company's outlets frequently.

Chipotle has historically seen its highest volume of sales in the spring season, a spokesperson said, adding that the 19,000 open roles include both full- and part-time restaurant positions.

© Reuters. FILE PHOTO: A Chipotle worker makes the new Quesadilla dish at the Chipotle Next Kitchen in Manhattan, New York, U.S., June 28, 2018.  REUTERS/Shannon Stapleton/File Photo

The announcement comes at a time when dozens of companies across sectors ranging from tech and banking to retail have been laying off workers in a bid to manage costs amid higher interest rates.

Chipotle, where Gen-Z workers make up more than 73% of its restaurant staff base, also said it was offering new financial benefits for employees, including a program to help them pay off student debt while also saving for retirement.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.