The Edition


Walmart to hire 150,000 workers as virus spreads in US

20 March 2020, MVT 13:37
(FILES) In this file photo taken on May 23, 2019 shoppers carry their goods past a shopping cart in the parking lot of a Walmart Supercenter in Rosemead, California. - Walmart announced an emergency leave policy on March 10, 2020 after one of its employees tested positive for the COVID-19 virus, known as Coronavirus in Cynthiana, Kentucky. (Photo by Frederic J. BROWN / AFP)
20 March 2020, MVT 13:37

Walmart plans to hire 150,000 people to meet increased demand during the coronavirus crisis and will pay out USD 365 million in bonuses, the US retail giant said.

"These roles will be temporary at first, but many will convert to permanent roles over time," it said.

The firm added it would pay USD 300 bonuses to full-time employees and USD 150 to those part-time.

Walmart said Thursday it wanted to reward them "for their hard work and dedication to serving customers in a time of an unprecedented national health crisis."

It also plans to speed up payment of the next quarterly bonus payments, which will take its payout to nearly USD 550 million.

The hiring drive comes as travel restrictions and lockdown measures in various US states and cities to curb the spread of the virus have led people to stock up on basic foodstuffs and order more online.

Amazon has also announced plans to recruit an additional 100,000 workers in the United States to cope with the surge in internet shopping.

Meanwhile, many small businesses have to close, at least temporarily, and 70,000 people have been laid off in a single week across the country, according to the latest weekly unemployment benefit claims.

"We know millions of Americans who are usually employed at this time are temporarily out of work, and at the same time we're currently seeing strong demand in our stores," said Walmart CEO Doug McMillon.

The retail chain said it would speed up recruitment, cutting the application process time from two weeks to 24 hours.

San Francisco, United States | AFP