Miso has been spotlighted in Yahoo Finance’s latest article, “Labor cost is the elephant in the room for restaurant chains in 2024,” which examines how the restaurant industry is addressing the challenge of rising wages across the country.

As labor costs continue to climb—particularly in California with the upcoming $20 minimum wage for restaurant employees—businesses are exploring innovative solutions to maintain profitability without compromising service quality.

Our CEO, Rich Hull, shared insights at the ICR conference about how Miso’s automation solutions, including our flagship automated fry station, Flippy, are transforming the fast-food landscape. Hull highlighted how automation not only helps restaurants manage labor costs but also enhances the work environment by allowing employees to shift to higher-value roles.

“When you do the economics of paying somebody $20 an hour to work on the fry station, it doesn’t work,” Hull explained. “Either restaurants are going to automate the worst parts of working in a commercial kitchen in order to make the economics … [or] you can start to close locations.”

This recognition underscores Miso’s commitment to innovation in robotics and our vision to make restaurant operations more efficient and sustainable in the face of evolving labor challenges.

Read the full Yahoo Finance article here.