Hearing 5-700 more HO associates to lose their jobs by the end of Q2 from several sources.
Anyone else hearing the same?
All of WM Real Estate now under WM Operations since EVP is moving on to WM International.
This leaves the Real Estate team very top heavy in leadership since roles are duplicated within Operations.
Very nervous associates within the SWDC.
Bump.
Q2 came and passed with no massive layoffs
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Haven't heard about the lay-offs but makes sense now with the new workforce management team reviewing/auditing the positions within realty. Plus with the new EVP's 100-day plan, I think the timing is about right (end of Q2). I think the nervous associates should start at the top, way too many Senior directors and directors. Store planning has way too many associates (1400+?) as they definitely spend out of the wazooo (travel expenses) and tend to cost the company in sales losses during remodels. You would be surprised at the amount of change order costs that are generated by store planning during a project. I would look at those positions as well.
Earlier this year, a handful of 20+ year managers "retired", wonder if it was by choice or did they receive a pink slip? There were a few displaced associates in January, but not as many as the year prior (100+ in construction, 200+ in store planning, ## PMO etc).
To @TquVwK8-2yaq, yes, there are many associates that are difficult to work with in real estate. Hope that those that were hard to get along with treated internal/external businesses professionally as they may need a job if they ever get displaced.
Agree, writing has been on the wall for quite some time. Best of luck to all.
Makes sense. It’s going to be the first building to be demolished.
It’s only natural that our realty department would be downsized.
We aren’t building many new stores and the company focus is online.
Why wouldn’t leadership carve headcount from Walmart US and it’s support teams/groups so that they can invest where they need to. The growth segments are dot com and international. I feel like that handwriting has been on the wall for a while now.
You all should be. You’re generally difficult to work with and do a poor job at managing cost and projects. Just speaking in regards to the folks I’ve had to work with over there anyways. Maybe the rest of you aren’t complete nimwits?
Yea but we got flipped cart and Bezos didn't! 👍