Wal-mart is changing their workforce structure and associates are finding out with the rest of us.
Wal-Mart’s latest restructuring has lead to the removal of about 3,500 store manager positions, associates should be informed this week. The Amazon -competitor will also be adding 1,700 assistant store manager jobs. FYI: The assistant store manager position is a slightly lowered paid role. It's possible that these positions may oversea more online orders from Bloomberg.
The job cut is coming right after minimum wage boost to $11 an hour. boost its starting wage and a $400 million in one-time bonuses to its employees.
The retail giant employed thousands of associates for large scale retail and now needs to make a change to stay competitive in the changing market.
The company’s decision to convert more Sam's Club store locations into eCommerce fulfillment centers all aligns with the move towards a streamlined organization serving an ecommerce platform.
The e-commerce business transition effect on today's work force is still not defined. As store fronts continue to close, the way that companies fill jobs will continue to evolve.
Competing with online retailers with more agile business structures is a constant task for the survival of the retail giant.