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Creating A Decent Job At Panera Bread Essay

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Finding a decent job, especially in the recessionary atmosphere that followed the 2008 financial crisis, can be a challenge. Companies moving overseas, managers cutting costs, and a shrinking job pool are all factors that make it difficult for anyone, regardless of education or experience, to find a steady income. Like many teenagers entering the workforce for the first time, I found my job prospects to be quite limited. After applying to a number of local businesses, I was overjoyed to have finally gotten a job at Panera Bread, just a few minutes away from my house. Although I was thankful to be employed for the first time, as I started working, I began to notice a troubling trend happening at Panera Bread.
According to the company’s website, Panera Bread was founded by Louis Kane and Ron Shaich in 1981 as Au Bon Pain Co., Inc. Throughout the 1980’s and 1990’s, the company flourished along the eastern coast of the United States and internationally, eventually becoming a dominant player in the bakery-café market. In 1993, the company acquired Saint Louis Bread Company, a chain of 20 bakery-cafes located around the St. Louis area. After a comprehensive re-staging of Saint Louis Bread Co., the company managed to increase average unit volumes by 75 percent and changed the concept’s name to Panera Bread. By 1997, it was clear that Panera Bread had the potential to be one of the top brands in the nation. Since then, Panera Bread’s stock has skyrocketed to a current market
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