If my hours are suddenly cut in half, should I assume a layoff may be next?
6 replies (most recent on top)
@17e incredibly nieve. Get a ob there, stay there , manage at a high level. Come back after 20 years and say oh I see. And stay away from the Koolaid.
@13q that’s so ignorant, I can’t even believe you put that in there. The stores are drastically understaffed right now, so no one is trying to reduce store hourly help. Company profits are not going to be significantly affected by reducing part time hours. Now, if they start laying off whole salary departments at HO, then I’d be tempted to agree.
It's because WalMart is trying to make profits look better. Cut expenses, payroll largest overhead. But the real question is why are record profits turned in and the company is in trouble. CEO confidence is at an all time low. Amazon offers merchandise at half the price, easy returns without hassle, shopping in a store is a nightmare. Outs, zoning, rude employees, workforce doesn't reflect stores customer demographics. Fatigue...We are tired of the BS and choose to spend our money other places. There needs to be major layoffs. Start at the top...
If you are at part-time employee and your hours have been cut in half, there could be several factors. Sales may be softer than expected. The forecast was too aggressive and the store is trying to keep wages in line with sales. The Market/Region/Division is being asked to keep wages down to cover a sales downside elsewhere.
Diesel is at an all time high, and that impacts how much your inventory are selling in the store costs. Those increased costs add up. It's not fun, but part-time employees are where a store can balance the budget with payroll vs. sales. October is the last month of the quarter - often this is when hour cuts happen. Sales will pick back up in November-December and hours will be back.
If your store is cutting FT hours in half, then there are store managers afraid to make the tough call.
There are no layoffs on the immediate horizon.
No.
If your hours are suddenly cut in half at Walmart, you should assume you are close to being fired as being incompetent and unable to do even the basic level of tasks required of an hourly worker.