Wal-Mart cuts 11,200 jobs from Sam’s Club
Posted on 25. Jan, 2010 by admin in Google Trends
“Wal-Mart” is rolling back JOBS
Wal-mart the popular chain of stores that is known for rolling back prices, is now rolling back the jobs of some of their workers.
Wal-Mart Job Cuts
Sam’s Club, the warehouse club division of Wal-Mart Stores Inc is cutting roughly 11,200 jobs, or about 10 percent of its workforce. They are opting to outsource many of their current day to day operations, which leads to elimination of jobs.
Sam’s Club said it will use Shopper Events, a third-party company, instead of its own employees to run in-store product demonstrations and hand out food samples — a popular tactic used by warehouse clubs to entice shoppers to buy new items.
Which means say Goodbye to the Grannies of the world, who held the majority of these part-time positions.
Oddly, high level Walmart Executives don’t think these job cuts will affect financial earnings for their shareholders. What do you think?
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