December 5, 2021

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Domino's CEO: "US needs more migration to tackle labor shortage"

Domino’s CEO: “US needs more migration to tackle labor shortage”

As the United States emerges from the Corona crisis, many companies, including the hospitality industry, are having trouble hiring new employees. The pizza chain Domino is struggling with a shortage of staff. “We need more relocation,” Domino’s CEO Rich Allison said in an interview with CNBC.

The U.S. Department of Labor reports that 4.3 million workers quit their jobs in August. This is 2.9 percent of all employees in the United States, the highest percentage ever recorded. So there are a lot of problems to stop employee earnings in different companies.

Staff shortage at Domino

Fear of the delta variant of the corona virus, the lack of childcare facilities, and U.S. government-incentive savings accounts all exclude workers as possible factors.

Although the number of vacancies was low in September, some companies are facing staff shortages Up to 194,000. Domino’s Pizza Chain One of those companies. The chain’s quarterly figures show that domestic sales are down for the first time since 2011. Total revenue for the third quarter was $ 998 million, thanks to international sales. This is $ 32 million less than researchers had in mind.

Some of the reasons for Domino’s domestic sales slump are the staff shortages it now faces. “Right now, we don’t have enough staff to hire all of our businesses in the United States,” Alison said in an interview. CNBC.

“More migration needed”

“This is a challenge. There is currently low natural population growth. We need more relocation to deal with that staff shortage,” the CEO continued.

“People who want to work hard and stay in business for a long time can eventually become owners and entrepreneurs,” he added. “Traveling across the country and talking to our owners is encouraging. Many of them have taken that immigration route.”

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