Walmart Lays Off Hundreds of Workers at E-Commerce Facilities
Walmart is cutting costs by closing stores and laying off workers.
Walmart is cutting hundreds of jobs at its fulfillment centers in e-commerce across the country.
This big-box retailer joins an increasing number of others, such as Target and Amazon, who are cutting costs.
As the big-box giant and others, it is cutting hundreds of jobs at ecommerce facilities throughout the country.
Be prepared for a more difficult year.
Walmart, the largest private employer in the country, is cutting its workforce. Many retailers are expecting flat or declining sales. After a spending boom that was fueled by a pandemic, inflation and the shift to services are taking a lot out of sales of goods.
Walmart's e-commerce rival,
Monday: 9,000 job losses
Following 18,000 layoffs in January, Target plans to c. Target has plans to c
Total costs up to $3Billion
Over the next three-years, however, CFO Michael Fiddelke stated at a February investor meeting that the company "is not backing away from investments into our team and guest experiences."
Walmart spokesperson confirmed that it had cut jobs in fulfillment centers. Walmart stated in a statement that it was making the job cuts to better meet future customer needs.
The statement stated that "This decision was not taken lightly" and that Walmart is working with affected associates to provide information about career opportunities at other locations.
This news was first reported by
Reuters was informed by the company that hundreds of jobs are being eliminated at five fulfillment centers: Fort Worth, Texas, Pedricktown and Bethlehem, Pa. According to Reuters, the company was reducing its workforce due to a decrease in weekend and evening shifts.
According to a notice, approximately 200 workers will be affected by the closure of the Jersey facility in southern Jersey.
This is a developing story. Keep checking back for more updates