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In Defense of Chipotle (NYSE: CMG)

Written By Jeff Siegel

Posted September 11, 2014

In a fit of frustration, workers at a Chipotle (NYSE: CMG) location in State College, PA shut down the local eatery by walking out, locking the doors and leaving the following note:

chipletter

Now I’m not sure what the working conditions are like at this particular Chipotle, but according to the note left in the window, employees were forced to work in borderline sweatshop conditions.

I highly doubt that.

First of all, no one there was forced to do anything.

There’s no Chipotle mafia that shows up at the doorsteps of employees every morning, strong-arming them into marching into the restaurant to make burritos.

And sweatshop conditions? Really?

Here’s what a real sweat shop looks like:

sweat

And here’s what happens to employees at real sweat shops when things go south:

bangladeshsweat

Just something to consider.

In the meantime, I continue to support Chipotle both as a customer and an investor.

Over the past two years, shares of Chipotle have more than doubled. That has afforded me a lot of delicious burritos!