Thread regarding Walmart layoffs

Walmart cuts 500 in the HO (The Washington Post - Jan 25 2018)

Source below, 500 number is quoted:

Walmart layoffs at home office to cost up to 499 their jobs

By Associated Press January 25 at 4:22 PM

BENTONVILLE, Ark. — Walmart, the world's largest retailer, is laying off workers at its Arkansas headquarters this week.

The company is trimming jobs in its global business, finance, human resources, merchandise, real estate and technology divisions.

Bentonville Mayor Bob McCaslin's office said Thursday that there would be fewer than 500 total job losses at Walmart's home office.

Walmart spokesman Randy Hargrove says the company is "restructuring and streamlining" its teams before its fiscal year ends next Wednesday.

Some workers in the marketing division were laid off Wednesday and Hargrove says there will be a small number of layoffs Friday if the cuts aren't completed Thursday.

The company will pay dismissed workers up to 60 days' pay and help them find new jobs. Hargrove says eligible employees will also still receive their fiscal year-end bonus.

Source:

https://www.washingtonpost.com/national/walmart-layoffs-at-home-office-to-cost-up-to-499-their-jobs/2018/01/25/db52e004-0215-11e8-86b9-8908743c79dd_story.html

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| 2511 views | | 4 replies (last January 26, 2018) | Reply
Post ID: @OP+RqDosDE

4 replies (most recent on top)

Did they lay off MAPM

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Post ID: @wbb+RqDosDE

Downplaying it

No biggie

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Post ID: @svd+RqDosDE

What about Co Managers?

Who cares, right?

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Post ID: @tns+RqDosDE

Not as big as last year

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Post ID: @vib+RqDosDE

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