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Walmart is rolling out 50,000 new jobs. Retail giant Walmart said it would hire thousands of new employees to help it keep pace with surging demand for food and supplies as Americans stock up to get through the COVID-19 pandemic, Reuters reported. As a purveyor of foods and household essentials, Walmart has seen demand surge …
Walmart is rolling out 50,000 new jobs.
Retail giant Walmart said it would hire thousands of new employees to help it keep pace with surging demand for food and supplies as Americans stock up to get through the COVID-19 pandemic, Reuters reported.
As a purveyor of foods and household essentials, Walmart has seen demand surge in recent weeks, even as stay-at-home orders and mandatory closures have shuttered most other businesses around the country. Walmart stock is up 10%, despite an overall drop of 15% in the S&P 500 index since the crisis began.
Many of the new employees will be former restaurant and service sector workers who have been laid off or furloughed from positions. Roughly 85% of the newly hired employees will be part-time or fill temporary gigs.
Other big-box giants like Amazon, Kroger and Target have also been hiring thousands of new workers to keep up with Americans looking to increase their stocks of toilet paper, hand sanitizer and face masks.
