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Walmart to cut 7,000 jobs in the US

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Walmart is cutting 7,000 office jobs from its retail stores, the Wall Street Journal reports.

Positions that will be cut are mostly in accounting and invoicing jobs at its U.S. stores, as the retail giant continues to execute its job cutting programme announced in June.

Walmart spokeswoman Deisha Barnett said the company will now cut back-office workers in all its approximately 4,600 stores over the next several months. The retailer employs about 1.5 million people in the United States.

Barnett said the move is part of Walmart’s efforts to have more employees on the sales floor, and the retailer is offering affected workers consumer-facing positions in stores.  Employees affected by the cuts will be shifted into customer-facing roles, such as the online pickup department or grocery department.

In an interview with CNBC Barnett said she was pleased with how those transitions were going so far. Yet because they won’t be complete for the next several months, she was unable to share information regarding what percentage of employees elected to switch into new roles.

She added that some of the new positions taken up have been in Walmart’s growing online grocery business.  While some of the workers’ new roles will pay less, others will pay the same or more, Barnett noted.

Making Change at Walmart, a group that stands up for the rights of Walmart workers, was skeptical of that promise.

“This change, no matter what Walmart promises, will most likely put 7,000 workers in the position of having to choose between a pay cut or no job at all,” said Jess Levin, communications director of the group in a statement.

ALSO READ: Job cuts at Microsoft and Lloyds Bank

Photo/ 123RF



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