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MDLZ

Mondelez

$43.42 /

+0.13 (+0.30%)

14:58
03/23/20
03/23
14:58
03/23/20
14:58

Mondelez plans to hire additional 1,000 U.S. employees amid COVID-19 spread

Mondelez International announced a series of actions that will enhance its ability, as a large U.S. food manufacturer, to keep its food supply going, protect its employees and support communities impacted by COVID-19. This includes enhanced benefits and support for its U.S. workforce, the hiring of additional U.S. colleagues and a global Mondelez International commitment to donate $15M to community partners advancing COVID-19 relief efforts in the U.S. and around the world. The company has already implemented enhanced protocols and protections to provide a safe and sanitary work environment for its colleagues, including significant steps to support employees in manufacturing facilities, distribution and logistics operations and sales organizations. In the U.S., the company is announcing additional support for its employees who are doing such important work during this challenging time, including: A $2 per-hour increase, based on number of hours worked (paid as a lump sum), from today through May 2nd, for our Manufacturing, Distribution and Sales hourly workforce; A $125 per-week bonus for our Sales Representatives. To meet additional marketplace demand and reinforce our current workforce, the company is also announcing that it expects to hire 1,000 frontline U.S. employees to ensure the uninterrupted functioning of our U.S. distribution and sales network in the coming months. The company encourages individuals who may been displaced by the closing of other businesses to apply for these positions.

MDLZ Mondelez
$43.42 /

+0.13 (+0.30%)

03/23/20 Morgan Stanley
Morgan Stanley says PepsiCo, Colgate oversold, upgrades both to Overweight
03/23/20 Piper Sandler
Mondelez recent share selloff overdone, says Piper Sandler
03/05/20 BofA
Mondelez could sell Keurig Dr Pepper shares to fund M&A, says BofA
02/11/20 Buckingham
Mondelez price target raised to $65 from $62 at Buckingham

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