Economy
Related: About this forumWal-Mart is rolling back its workforce as layoffs loom by months end
A Walmart worker organizes products for the Christmas season at a Walmart store in Teterboro, New Jersey. Wal-Mart to cut hundreds of jobs: DJ
3 Hours Ago | 01:24
Wal-Mart Stores will be giving hundreds of additional workers pink slips as the discount retailer prepares a fresh round of job cuts, sources familiar with the matter told CNBC.
The layoffs were first reported by the Wall Street Journal. The cuts would affect both regional workers and employees at the company's headquarters, sources told the Journal. They added that many of the layoffs will impact its human resources department.
In a statement to CNBC, Wal-Mart said, "As we've previously shared, we are always looking for ways to operate more efficiently and effectively. While we continually look at our corporate structure, we have not made any announcements."
The move marks the latest in a series of cuts as the retailer pares some expenses. In September, it said it would slash 7,000 back-office jobs while it said in October 2015 that it was cutting hundreds of positions at headquarters.
http://www.cnbc.com/2017/01/10/wal-mart-is-rolling-back-its-workforce-as-layoffs-loom-by-months-end.html?__source=yahoo%7Cfinance%7Cheadline%7Cheadline%7Cstory&par=yahoo&doc=104210241&yptr=yahoo
TheDebbieDee
(11,119 posts)Wal-mart's on-line sales are increasing... I ordered 2 matching hat, glove and scarf sets from Wal-Mart to give a X-mas gifts last month and I got them in the mail from a Mom&Pop in upstate NY. WAL-MART will be the next Amazon/Ebay!
Which reminds me, last spring I bought something on Ebay and it came to me in an Amaxon box...
spin
(17,493 posts)the downsizing of Wal-Mart.
10 Wild Facts Highlight Amazon.com Inc.'s Huge Holiday Success
Daniel Sparks (TMFDanielSparks) Dec 28, 2016 at 2:02PM
http://www.fool.com/investing/2016/12/28/10-wild-facts-highlight-amazoncom-incs-huge-holida.aspx
guillaumeb
(42,641 posts)But if people did not shop there...........
brush
(53,740 posts)all those retained just have to make up the slack or they'll be gone too.
Happens every time repugs get in then the Dems have to clean it up.