Walmart to cut 1000 corporate jobs by be end of January! Run for the hills.
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I work in Transportation and we are going to be affected.
My guess there is 1000 positions eliminated nothing to do with prior jobs eliminated
They already cut 150 people from Realty back in November. I wonder if that 300 counts in the 1000 since their 60 day grace period to find a job within the company has passed and pretty much none of them found a job. Or if this is a completely new 1000.
HR finance is reporting about 250 being cut.
https://www.wsj.com/articles/wal-mart-plans-to-cut-more-than-1-000-corporate-jobs-1515794788
8,000 store associates at management and hourly levels will be cut including wireless some support managers and department managers
If you are hourly associate in a non department manager job making more than $11 an hour you can easily be replaced with someone fresh off the street who will work for $11. It is not about experience or tenure. When they get rid of an older worker earning $15 an hour and replace them with an inexperienced worker who will work for $11 an hour the writing should be on the wall. This pay increase will further benefit walmart because older workers cannot keep up with the unrealistic demands while inexperienced workers will flock to the new pay rate. So the pay increase is another windfall netting walmart a few bucks a head. They'll just heard more young sheep to the clipper.
Msn.com just reported the 1,000 corporate jobs and 3500 co-store managers.