AutoZone to hire more than 20,000 U.S. employees

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The move comes as North America auto sales gradually recover since hitting a bottom in April, pushing major automakers to ramp up production and boost weak inventories at dealerships.

It is, however, in stark contrast with the broader trend of layoffs across industries that have been ravaged by the COVID-19 pandemic. U.S. employers announced another 262,649 job cuts in July, up 54% from June.

AutoZone said it was adding the jobs across its more than 5,800 U.S. stores.