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2024-05-14 Economy
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Walmart slashes hundreds of jobs and tells remote workers to get back to the office
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 [MAIL] Walmart is cutting hundreds of corporate jobs and is asking most of its remote workers to get back to the office, after it slashed thousands of warehouse jobs across the country.
Though remote workers will be allowed to work from home part-time, the retail monolith is also asking workers in small offices in Dallas, Atlanta and Toronto to begin working from more central hubs, as part of a move to cut costs, the Wall Street Journal reported.
Walmart's stock price wobbled slightly yesterday, peaking at 61.30 points, before falling to 60.29 points. But Walmart's stock price is close to it's all time high.
The news comes after the US' largest employer announced it would be laying off 2,000 warehouse employees who pack online orders, and would be working to have 65% of its stores automated by 2026.
'As the changes are implemented across the business, one of the outcomes is roles that require less physical labor but have a higher rate of pay,' the Bentonville, Arkansas-based retailer said in a filing last year.
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Posted by Skidmark 2024-05-14 07:56||
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Posted by DarthVader 2024-05-14 09:46||
2024-05-14 09:46||
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Posted by Procopius2k 2024-05-14 11:28||
2024-05-14 11:28||
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Posted by Lord Garth 2024-05-14 19:43||
2024-05-14 19:43||
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