Walmart To Lay Off 2,300 Sam's Club Employees
Source: Huffington Post
Walmart plans to lay off roughly 2,300 employees of Sam's Club, the retail giant's membership-only club, CNBC reported via Twitter Friday. A large number of those getting laid off will be assistant managers at stores with weak sales, the Wall Street Journal reports.
Sam's Club on its own is the eighth largest retailer in the country, according to the company's website. More from the Associated Press:
Wal-Mart Stores Inc. is eliminating 2,300 workers at its Sam's Club division as it reduces the ranks of middle managers in a bid to be more nimble.
The layoffs, which cut 2 percent of the membership club's employee count of about 116,000, mark the largest since 2010 when the Sam's Club unit laid off 10,000 workers as it moved to outsource food demonstrations at its stores.
Read more: http://m.huffpost.com/us/entry/4661749
shenmue
(38,506 posts)Fingers crossed for them. I don't like when anybody loses their jobs.
A Simple Game
(9,214 posts)From all accounts it has worked out well for the Walmart stores.
aintitfunny
(1,421 posts)Jeez.
alcibiades_mystery
(36,437 posts)FUCK YOU.
benh57
(141 posts)There are a LOT of 'middle managers' out there just taking up space.
840high
(17,196 posts)marble falls
(57,013 posts)mrmpa
(4,033 posts)the clerks and others making minimum wage or a bit above will be told that they must assume the duties previously done be assistant managers. There will be no pay increase, no expansion(s) of their job descriptions, etc. If they aren't nimble enough to cover the duties of the assistant manager(s), they will then be let go.
Lifelong Protester
(8,421 posts)that is the way it goes now in this country- if a bunch of your co-workers are fired or laid off, you who survive are asked to do the physically impossible and 'pick up the slack'.
Only, there ain't no slack anymore.
rurallib
(62,387 posts)with no pay and a "ship up or ship out" message.
Sherman A1
(38,958 posts)This is about doing more with less and less and less.....
DonCoquixote
(13,616 posts)there is no relation between layoffs and actual things that need to be done. Half the middle managers laid off may be the people telling upper managers exactly what was wrong, only to be run over. There is nothing nimble about this, as Costco pays more and is apparently biting into Walmart's profits. Then again, the sort of people that can afford a Sam's club realize that they are being shafted, and then go Costco.
SoapBox
(18,791 posts)ain't too good at being a "job creator".
And what will be the news in about a year? Record pay outs to executives maybe?
Oh, and another food drive for their starving employees.
davidpdx
(22,000 posts)They must be bleeding red ink bad.