Lowe's Cos. /zigman2/quotes/205563664/composite LOW +0.09% said Wednesday it will hire 30,000 new workers and committed $100 million "to support the emerging needs" of employees, customers and communities amid the coronavirus pandemic. In a letter, Chief Executive Marvin Ellison also said Lowe's will close stores earlier to allow more time to sanitize them, and will give full-time hourly workers a $300 bonus and part-time workers a $150 bonus. The home-improvement retailer will also extend its paid sick-leave program. Its $100 million commitment will include $10 million in donations to medical professionals, he said. "We want to thank our more than 300,000 associates who continue to provide support to our customers during this unprecedented time," Ellison said in the letter. "The health and well-being of our associates continues to be our priority." Lowe's shares jumped more than 8% on Wednesday, but are down 30% year to date, compared to the S&P 500's /zigman2/quotes/210599714/realtime SPX -0.21% 23% decline this year.