Thread regarding Walmart layoffs

Why Walmart is in even bigger trouble than we think

All these changes are but a tip of a looming ice berg. If it all seems sudden and scrambled and disorganized, that's because the company itself is reacting to those very qualities of change from the market.

With that said, we can expect to see some really crazy moves in the near future: a veritable implosion on the management/store staffing end.....and ancillary services such as WM transport, DCs and many diverities being either outsourced or elliminated.

Walmart vastly over extended itself 12-15 years ago; they'd gone so far as selling cars, opening fuel centers and even peddling coffins and cremation urns, for God's sake. They tried and failed at entering the banking market, and it's good they didn't, because that failure would have hastened their current troubles by years. ... Else-wise, they were on average building 5 new stores per week. And that's a lot of realty to now have to sell/rent or otherwise legally be responsible for.

Yep, it's gonna get hairy for Wally.

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| 2062 views | | 4 replies (last February 19, 2018) | Reply
Post ID: @OP+RNa9wPT

4 replies (most recent on top)

Agree. I'm happy to have worked with some of the best management they had, people who were both very effective at their jobs AND fun, knd, decent human beings as well.

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Post ID: @1hbx+RNa9wPT

Panic mode will get you nowhere!

That company has lost a lot of great people.

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Post ID: @1gfy+RNa9wPT

I think the main turning point was the Great Recession of 2008. That changed, I believe forever, people's shopping priorities. All of a sudden Walmart wasn't moving 200 pallets of $30. whicker baskets or $150. dancing Santas at Christmas. It created a huge trimming down effect that went tooo far in the wrong direction: for ex., dept. 11 became almost desolate to the good selections it once had.

The new emphasis became the fresh areas, which is fine, but A) it's not a sales driver, and B) you don't need 150,000 sq ft of floor space for a produce department.

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Post ID: @1vkt+RNa9wPT

But, but, but ...... I thought WM was the leader in their industry? /s

WM has been in reactive mode for the past years. The leadership has been visionless and pitiful. You can't lead when you're in panic mode about Amazon.

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Post ID: @1otf+RNa9wPT

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