"Walmart Introduces Bonuses and Training for U.S. Workers"

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Source: CNBC
"Walmart Introduces Bonuses and Training for U.S. Workers"
Photo: CNBC
TL;DR Summary

Walmart is launching new training programs and certifications to fill high-demand roles such as HVAC technicians, opticians, and software engineers, while also offering bonuses up to $1,000 per year to retain hourly workers. The retailer aims to maintain its market leadership amid competition from Amazon and high inflation, with initiatives including higher wages, stock grants, and store upgrades. Despite these efforts, Walmart faces criticism for its wages, with median employee compensation falling below the poverty line for a family of four.

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