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Walmart firing managers report – Business Insider


Walmart employeeJ.D. Pooley / Stringer/ Getty

  • Walmart is reportedly cutting 3,500 co-manager
    positions and adding 1,700 lower-paid assistant store
    managers.
  • The restructuring comes the day after Walmart announced
    it will raise its starting hourly wages to $11.
  • Walmart also announced Thursday that it would close 63
    Sam’s Club stores in a move that would impact roughly 9,400
    employees. 

 

Walmart is reportedly cutting thousands of store manager
positions and adding new lower-paid positions,
Bloomberg reports

The retailer is removing 3,500 salaried co-managers and adding
1,700 assistant store managers, according to the report. 

The managers whose jobs are cut will be able to apply for other
positions.

The restructuring comes the day after Walmart announced it will
raise its starting hourly wages to $11, expand parental leave
benefits, and give cash bonuses to employees of up to
$1,000. 

Walmart also announced Thursday that it would close 63 Sam’s Club
stores in a move that would impact roughly 9,400 employees. 

If you’re a Walmart worker with a story to share, email
retail@businessinsider.com. 


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