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Mmastodon BusinessReal Estate first seen 17 h ago, last 8 min ago, peak #2

Panda Express founders launch program to help 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 business, are backing an effort to help 55,000 employees become homeowners. The initiative, highlighted by Fast Company, is drawing attention as an unusual large-scale housing benefit in the restaurant industry, where such support for hourly and frontline workers is rare.

Why now: The scale of a major fast-food company directly helping tens of thousands of workers buy homes is an uncommon corporate benefits story.

Panda ExpressAndrew CherngPeggy CherngFast Company

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