Walmart Meets Goal of Adding 200,000 Employees
April 30 2020 - 2:13PM
Dow Jones News
By Colin Kellaher
Walmart Inc. on Thursday said it has met its goal to add more
than 200,000 employees at its stores, clubs, distribution centers
and fulfillment centers since mid-March in a bid to meet increased
demand due to the coronavirus pandemic.
The Bentonville, Ark., retail giant also said it made a $180
million accelerated payout to its employees as part of its
quarterly incentive program.
Walmart previously said the new jobs would primarily be
temporary, adding that it was working with more than 70 companies
that had furloughed employees to find jobs for those workers.
The company earlier this month paid a special cash bonus of $300
to full-time hourly employees and $150 to part-time hourly
staffers, for a total of more than $365 million.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
April 30, 2020 13:58 ET (17:58 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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