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Monday, March 23, 2020

Walmart raises minimum wage in e-commerce warehouses by $2

As Walmart (NYSE:WMT) struggles to keep store shelves stocked and fulfill online orders arising from virus outbreak, the company has temporarily raised entry wages for workers in its e-commerce warehouses by $2 to $15-$19 an hour effective immediately through May 25, Memorial Day.
Last week, Target (NYSE:TGTraised wages by $2 an hour until at least May 2, while Amazon (NASDAQ:AMZNannounced 2X overtime pay to its hourly workers.
https://seekingalpha.com/news/3554061-walmart-raises-minimum-wage-in-e-commerce-warehouses-2

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