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Economic pessimism has set in – but there are reasons for Australians to be hopeful 
Walmart Inc. reveals another layoff, and this time it will affect more than 2,000 warehouse workers who are stationed in five different facilities in the United States. These employees work in warehouses that fulfill orders made online.
These latest job cuts come just a few weeks after Walmart warned that the coming is facing a tough year ahead. According to CNN Business, the Bentonville, Arkansas-headquartered retailer that operates a chain of hypermarkets, grocery stores, and discount department outlets in the U.S. is laying off over 1,000 workers in Texas, 600 in Pennsylvania, 400 in Florida, and 200 in New Jersey.
Walmart stated this information in the Worker Adjustment Retraining Notification (WARN) filings. Previously, media publications reported that the job cuts were due to the termination of evening and weekend shifts at the warehouses. The number of staff was also reduced by the company.
The retailer said in a statement that it adjusted staffing levels in its fulfillment centers in select markets not long ago. Walmart explained it is making this move to better prepare for the future needs of customers.
The company was quick to add that the decision to eliminate some workers was not “made lightly.” To help those who will be affected by the layoffs, Walmart said it is working closely with them to determine what career options may be available for them at other Walmart facilities.
Bloomberg reported that Walmart is boosting some areas of its business by making some adjustments in its stores and fulfillment centers. The company is making these changes to accommodate more online orders.
Meanwhile, it is not clear if these job cuts would be the last or just the start of layoffs. A number of major companies in the U.S. are currently implementing a series of layoffs, and thousands of workers have already lost their jobs.
Photo by: Marques Thomas/Unsplash
