Walmart to Hire 150,000

By Douglas A. McIntyre Updated Mar 20, 6:31AM EDT · Published Mar 19, 9:22PM EDT

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Walmart to Hire 150,000 — © walmartcorporate / Flickr

Walmart Inc. (NYSE: WMT) has over a million workers in the U.S. That figure is about to grow by 150,000 as the retail scrambles, like Amazon.com Inc. (NASDAQ: AMZN) has, to handle a surge in demand for the products it sells, both in stores and online. Walmart has about 4,500 stores in America.

Management announced:

Walmart has a steady workforce of full-time and part-time workers helping meet the everyday needs of its customers. As part of responding to the current environment, Walmart is also hiring 150,000 new associates through the end of May to work in stores, clubs, distribution centers and fulfillment centers.

Walmart said the jobs will not be permanent, but some could later. The hiring process will go from its normal two weeks, to under 24 hours.

Walmart also set up a special bonus structure for current workers:

Walmart today announced plans to provide a special cash bonus for hourly associates for their hard work and dedication to serving customers in a time of an unprecedented national health crisis. The bonus is for all U.S. hourly associates in stores, clubs, supply chain and offices. The bonus will be $300 for full-time hourly associates and $150 for part-time hourly associates and will add up to more than $365 million. Every hourly associate employed by the company as of March 1 will qualify, and it will pay out on April 2.

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The plan is not unlike that of the Trump administration to send $1,000 per person to most Americans.

Walmart is one of the few American companies which has grown since the COVID-19 pandemic hit the U.S. It is, along with Amazon, at the crossroads of the needs of what people in the U.S. need, in part, to get through this.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.