COS - "YELLOW OFFERING" - post regarding Walmart layoffs

2018-01-26T19:15:34Z

"YELLOW OFFERING" Work through February 2nd in current role and store. January 29 @10 am-need to post for open Regional ASM req position if you are interested Bonuses will be paid out normally. February 3-March 27 Get pay and benefits at current levels. Look and Post for Jobs through out WALMART you are interested in. You are not permitted to post for store manager roles. You are considered an active employee on a paid leave. March 30 ( if you are not chosen for a posted req,) will be your last paid day. After March 30 you will receive severance. 2 weeks paid for every full year of work. 1 week paid for every incremental 20k earned. Maxes out at 40 weeks. Verbage states that termination will be permanent.

COS - "YELLOW OFFERING"

"YELLOW OFFERING"

Work through February 2nd in current role and store.
January 29 @10 am-need to post for open Regional ASM req position if you are interested
Bonuses will be paid out normally.
February 3-March 27
Get pay and benefits at current levels.
Look and Post for Jobs through out WALMART you are interested in. You are not permitted to post for store manager roles. You are considered an active employee on a paid leave.
March 30 ( if you are not chosen for a posted req,) will be your last paid day.
After March 30 you will receive severance.
2 weeks paid for every full year of work.
1 week paid for every incremental 20k earned.
Maxes out at 40 weeks.
Verbage states that termination will be permanent.

Comment! It's anonymous!

5 replies (most recent on top)

Somebody pass the tissues....Seriously folks. This is a business. If THE BUSINESS decides to trim management, it can. No one's job is safe or guaranteed-ever. To blast a company for making a "tough decision", and going through with a plan to make them stronger for the future is just VICTIM mentality. I am a 11 year co manager. I had no desire to move to store mgr, been there, done that at another company. Store managers are hard to come by and in reality, I am holding back future store manager candidates. Is that so wrong of a company to want to grow talent? My store went 9 months without a store manager. Granted, there is more root causes as to WHY it's hard to find people to want store management yet one cannot blame for getting the stagnant co mgr lifers out of the way. My offer could have been termed before end of fiscal year, no severance. Walmart didn't do this to us. They offered those not given co job the opportunity to apply for an asm job at 20k less a year or take a severance (which is 6 mos pay in my case) AND we all get paid our current pay/benefits for the next 60days AND we all are eligible for the yearly performance bonus in March. Haters going to hate. Although I will be leaving Walmart on 3/30..I am grateful for the package they put together and 11 years of great employment. Now, My future is wide open ! Ty Walmart for 11 great years!

You didn't have to use PTO days at all.

Its all crap they should be ashamed how they did Co. Managers

I told my manager to use my PTO for the remaining days that I would not work till Feb 2. Lucky for me he denied my usage of the two weeks I had left so I got to use them for this last week and get the rest Paid to me. I’m so happy I’m getting a severance to leave this company. Will never shop at Walmart again. Good Luck to everyone else!

wow.

thanks for sharing this.

i wish you all good luck.

i am an associated but i feel really sorry for folks who put in many years into their careers and will be terminated.

retail is not easy.

Thread regarding Walmart layoffs

COS - "YELLOW OFFERING"

5 replies (most recent on top)

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