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Chipotle Goes on a Major Hiring Binge

Chipotle Goes on a Major Hiring Binge

Burrito chain Chipotle Mexican Grill (NYSE: CMG) has been riding high for the past year, seeing its shares rise in value 52% during 2020, and some analysts expect it to continue its growth trajectory into 2021. In keeping with these expectations, Chipotle announced Monday it is seeking to hire 15,000 more employees, boosting its workforce from 94,000 to approximately 109,000, a nearly 16% increase, Reuters reports. Chipotle now operates roughly 2,700 outlets and continues to open more.