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Mmastodon BusinessReal Estate first seen 4 h ago, last 6 min ago, peak #2

Panda Express founders launch program to help 55,000 employees buy homes

Original: Panda Express's founders built a $7 billion empire. Now they're helping 55,000 employees become homeowners https://www.f

Panda Express founders Andrew and Peggy Cherng, who built the fast-food chain into a roughly $7 billion empire, are now working to help 55,000 employees become homeowners. The initiative, highlighted by Fast Company, is drawing attention as an unusual example of a major restaurant company investing in long-term financial security for frontline workers rather than only executives.

Why now: A large fast-food chain helping its entire workforce buy homes is a rare and striking employee benefit at a time of housing affordability concerns.

Panda ExpressAndrew CherngPeggy CherngFast Company

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