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

Updated

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 said, according to Bloomberg News. "The opportunity for growth is not just in India but global."

Chambers did not give more details.

Wal-Mart is working to open 15 stores in India by the end of 2011 as part of a venture with Bharti Enterprises.

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