Walmart Reportedly To Cut Some Store Management Jobs

Shutterstock photo
@media screen and (max-device-width: 480px){body{ font-size:30pt !important;}}


(RTTNews.com) - Walmart Inc. (WMT) is cutting some store management jobs as it works to keep labor costs low while investing in higher wages and e-commerce efforts to fend off Amazon.com Inc, the Wall Street Journal reported citing people familiar with the matter

The retailer this week is eliminating two department manager positions in some of its 4,700 U.S. stores, including managers who oversee cellphone departments and online-grocery pickup areas, the report said.

The stores facing cuts have lower sales in those areas or will rely increasingly on contract workers from wireless carriers to sell cellphones, the Journal reported.

Read the original article on RTTNews (http://www.rttnews.com/2862324/walmart-reportedly-to-cut-some-store-management-jobs.aspx)

For comments and feedback: contact [email protected]



This article appears in: Stocks
Referenced Symbols: AMZN ,
display"> Nguồn: www.nasdaq.com