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Walmart, PepsiCo and More Companies That Are Going All Out To Support Their Employees

Many employees have been laid off and suddenly found themselves jobless due to the coronavirus outbreak. According to the Washington Post , The Labor Department reported 281,000 people have applied for layoff benefits as of Thursday, and the figure is expected to worsen in the coming weeks. In efforts to combat the nation’s coronavirus induced financial crisis, many mainstream companies are stepping up to the plate and providing financial assistance to their employees. Walmart The country’s largest retailer, Walmart, announced Thursday that the corporation will be providing a cash bonus to their hourly employees at stores, clubs, offices, and supply chains for their hard work during the outbreak. Bonuses include $150 for part-time employees and $300 for full-time employees. The bonuses will tally up to more than $365 million with a payout date of April 2, 2020. PepsiCo PepsiCo is providing additional compensation for its 90,000+ frontline employees who work at their North American...

Mar 28, 2020