Archived Walmart is cutting thousands of store co-managers after raising wages (businessinsider.com)
submitted ago by Kannibal
Posted by: Kannibal
Posting time: 2.9 years ago on
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Archived on: 4/14/2018 10:00:00 AM
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Archived Walmart is cutting thousands of store co-managers after raising wages (businessinsider.com)
submitted ago by Kannibal
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[–] sunshine702 0 points 1 point 1 point (+1|-0) ago
What a slap in the face to the managers who can "apply to make less". Ghetto company.
Race to the bottom Wallmart as Costco is crushing it.
[–] derram 0 points 1 point 1 point (+1|-0) ago
https://archive.fo/ef6sI :
"In a statement to Business Insider, Walmart said the restructuring is meant to meet customers' changing needs with the growth of e-commerce."
'Walmart is cutting thousands of store manager positions and adding new lower-paid positions, Bloomberg reports.ÂThe retailer is removing 3,500 salaried co-managers and adding 1,700 assistant store managers. '
'"Retail is changing rapidly and we are transforming to meet the needs of our customers," the company said. '
'To help compete and win in this environment, we must make changes across our company to enable further investments in our strategic business priorities and growth."'
'The managers whose jobs are cut will be able to apply for other positions. '
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