Multinational retail corporation Wal-Mart Stores, Inc. announced on Monday, September 23 that it will hire 55,000 seasonal employees for this year’s holiday season in a bid to increase staffing to accommodate the influx of shoppers during the busiest shopping time of the year. The retail magnate said it will also move 35,000 part-time employees to full-time and transfer more than 35,000 full-time employees to a part-time position.
Wal-Mart is hiring more people this year than it did last year when it employed over 50,000 seasonal workers.
Last Monday’s shares were trading six cents lower at $75.77 with stocks increasing by 10.9% so far this year.
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