Featured
January 1, Walmart’s Latest Move is Bad Sign for the Economy
Walmart is set to lay off hundreds of workers at its e-commerce fulfillment centers — a move that could spell out more trouble for the already battered U.S. economy.
On Thursday, a Walmart spokesperson confirmed to Reuters that about 200 workers at one of its facilities in New Jersey would be laid off.
Additionally, the retail giant laid off hundreds of employees at four other sites: Fort Worth, Texas; Davenport, Florida; Bethlehem, Pennsylvania; and Chino, California.
“We recently adjusted staffing levels at our [fulfillment centers] in select markets to better prepare for the future needs of customers,” Walmart said in a statement.
“This decision was not made lightly, and we’re working closely with affected associates to help them understand what career options may be available at other Walmart locations.”
The cuts were made necessary at the facilities after the company reduced or eliminated night and weekend shifts, the spokesperson said. The laid off workers will receive 90 days of pay as Walmart attempts to find jobs for them at other facilities.
Walmart did not provide a comment on the exact number of employees laid off. The company is currently unsure how many workers will ultimately be laid-off or rehired, the spokesperson said.
The layoffs came after Walmart has made substantial investments in automation technology in order to streamline its online order fulfillment process.
Last month, during a post-earnings call, Walmart CEO Doug McMillion said he was “most excited about the automation opportunity we have.” The company is slated to up its investments in automation tech this year, as part of its $15 billion capital expenditure budget.
Walmart is the largest private employer in the U.S., with about 1.7 million employees across its 5,000 locations.
Source: MarketWatch
-
Featured3 years ago8 Celebrities Charged in Widespread Financial Scheme
-
Featured3 years ago
Wrong Turn Ends in Tragedy: Homeowner Shoots and Kills Woman Searching for Friend’s House
-
Featured3 years agoGoldman Sachs Embraces Gender Pronouns While Facing Discrimination Lawsuit
-
Latest News3 years agoChicago Police Department Responds to Violent Teen Rioting
-
Featured3 years agoStimulus Update: Americans in One State To Receive Extra $500
-
Latest News3 years agoTragic Explosion Kills 18,000 Cows in Texas Dairy Farm
-
Featured3 years agoNationwide Bank to Shut Down Nearly 50 Branches This Summer
-
Featured3 years agoCocaine-Hippo Hit By Car in Columbia (Yeah, You Read That Right)
The more people Walmart moves out, the less I will shop in their stores. I don’t know about their distribution centers, but they are doing away with the check out people in their stores. I am not going to use their automated check out.
My wife and I shop Wal-Mart only when have to because of the automated check out already, this make us shop even less maybe stop shopping Wal-Mart completely!!
This is the result of arbitrary minimum wages. The companies are forced to automate in an uncertain economic environment. McDonald’s already has a fully automated store in Texas with a minimal number of employees. Unfortunately, robots don’t call off sick, don’t have babysitter or spousal issues and don’t cost enormous dollars in insurance, unemployment, disability and other expenses. As it pertains to fast food restaurants, some jobs were never envisioned to be a career, but rather, an entry point into you’r future.l.
I will not use the automated check out! There are other big box stores that i can shop at! I can name a couple of other stores that did this and other thing to cut heads, they are no longer with us either. if everyone does it then i guess i will just have to order over the net. if i have to use auto check out then i might as well do it all at home, —RIGHT—
I will not spend my money, check myself out, and bag my own groceries just to add to their bottom line. I will call Sam’s with a list and go pick it up
Walmart will go down like KMart. Walmart doesn’t rotate the merchandise, most everything is from China, lots of everything on recall. Automatic check out is a disaster. I stopped shopping their as soon as they installed automatic check out. Don’t have any help for disabled people checking out. Prayers for our country.