Walmart to Hire 20,000 Seasonal Workers | Financial Buzz

Walmart to Hire 20,000 Seasonal Workers

Walmart (NYSE:WMT) announced it will be hiring 20,000 seasonal workers to help with upcoming online orders as it expects holiday shopping to heavily shift to its online platform throughout the pandemic. It’s the first time in five years Walmart reveals a large holiday hiring. 

The retailer has hired over 500,000 employees within the U.S. since the pandemic surged in March. New hires have helped keep up with demand for items such as groceries, hair color and bicycles. In the past Walmart opted to give more hours to existing employees in order to meet demand during the holiday season.

Nevertheless, the global Covid-19 pandemic has called for some operational changes. According to information from Johns Hopkins University, new Covid-19 cases have begun to increment 5% on a weekly average and even more in 29 states and Washington, D.C. Ultimately public health officials have voiced their worry that the incoming cold weather could bring up those numbers.

Walmart revealed in a news release that it would extend Black Friday sales all throughout the holiday season as well as provide more deals online in order to avoid a single day of jam packed stores. Holiday sales are anticipated to increase 1% to 1.5% this year, according to consulting firm Deloitte. However, spending will rely on how much high income customers decide to employ on lush gifts as well as how much low income people restrain from purchasing. 

“Over the past six months, our customers have been shopping differently, and we expect that will continue into the most important shopping season of the year — the holidays,” said Scott McCall, chief merchandising officer of Walmart U.S. “We’ve heard from our customers that many plan on starting their holiday shopping well before Black Friday, and that they’re looking for gifts that fit their current lifestyle.”