Wal-Mart to Increase Workforce by 36% in Five Years

Wal-Mart Stores Inc (WMT) will increase its workforce by 36% in the next five years to take advantage of growing international demand.

The new hires will take the company’s headcount to 3 million, from 2.2 million now, Susan Chambers, executive vice president for human resources, said at a conference in India.

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New employees will be hired “mostly” outside the United States, Chambers…

Continue reading Wal-Mart to Increase Workforce by 36% in Five Years

Wal-Mart to Increase Workforce by 36% in Five Years originally appeared on DailyFinance on Thu, 30 Sep 2010 08:39:00.

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Wal-Mart Plans $4.6 Billion Move for South Africa’s Massmart

Wal-Mart Stores (WMT) is planning a $4.6 billion offer for South African retailer Massmart.

The deal would value Massmart at 148 rand ($21.10) a share, Bloomberg News said. That’s 9.8% higher than the company’s last closing price.

“We are continuin…