Walmart to pay nearly $550 million in employee bonuses: 'It's almost like a mini stimulus package'
Walmart said it will pay nearly $550 million in bonuses to hourly employees — including special bonuses to reward its workforce for keeping shelves stocked as customers flock to stores. In an interview on “Squawk Box” Friday morning, Walmart’s executive vice president of corporate affairs Dan Bartlett said the bonuses will reward employees for “performing Herculean efforts” and put money into their pockets.
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