Leading American multinational retail corporation Walmart has announced the creation of 10,000 new retail jobs in the United States as a result of its new e-commerce services and store openings plus enlarging current stores in operation.
Furthermore, there will be an additional 24,000 jobs stemming from construction that will be needed for the creation and expansion of Walmart stores. “With a presence in thousands of communities and a vast supplier network, we know we can play an important role in supporting and creating American jobs,” said Dan Bartlett, Vice President – Corporate Affairs, Walmart.
Additionally, the retailer would also be opening 160 new academies to train over 225,000 workers and funnel US $ 6.8 billion in investment throughout the US. However, it will reportedly be slashing 1,000 corporate jobs by the end of the month.
Also Read – Retail giant Walmart set to cut hundreds of jobs
Besides, The Walmart Foundation will provide US $ 3 million in grants through the US Manufacturing Innovation Fund to six leading universities, namely Washington State University, North Carolina State University, Clemson University, Oregon State University, Texas Tech University and University of Massachusetts Lowell to advance sustainability and innovations in textile manufacturing, which has proven to be one of the most challenging industries to reshore in the US.
“Advancing the production or assembly of consumer products in the US is the No. 1 goal of the Innovation Fund. As these projects come to fruition over the next few years, we hope the research not only enables cost-effective solutions for manufacturers, but also improves the sustainability of the US textile industry,” explained Kathleen McLaughlin, President – Walmart Foundation and Chief Sustainability Officer – Walmart.
