Walmart in cost-cutting move - report
IOL Business/ Sapa -AFP - Jan 27th 2014, 07:48
New York - Walmart will lay off about 2 300 workers at its Sam's Club warehouse unit, The Wall Street Journal said on Friday, the latest in a string of job losses at US retailers.
Half of the cuts will affect middle-management workers, the newspaper said, calling it “the club chain's biggest round of job cuts in four years.”
Walmart did not immediately confirm the numbers, which amount to about two percent of Sam's Club workers.
“Over the years, we've migrated to a top-heavy structure in our management,” said Sam's Club chief executive Rosalind Brewer, in an interview. “What this does is align the number of assistant managers to the sales of the club and to where our growth areas are.”
A range of major American retail groups, including JCPenney, Macy's and Target, have announced job cuts in recent weeks. - Sapa-AFP © Independent On-line 2013. All rights reserved.
Temporary employment services offer a dynamic staffing solution to help the retail sector cater for the seasonal peak
10/10/2019 - 14:56
As we head into the final stretch of the year it is time to start gearing up for the added demands of the summer season. From factories and warehouses to retail outlets, the entire retail chain is under added pressure during this seasonal time of high demand. Temporary employment services (TES) can help all areas of the retail sector to cater to this peak with additional and flexi staff exactly when and where they are needed, with the right skills for the job, and none of the administrative headache of hiring permanent or contract staff.
How to attract and retain the best employees
24/09/2019 - 12:54
Finding the right employee can be a time-consuming process – especially when you’re looking to hire the best candidate for the job. But there are simple steps one can take to find employees who are best suited for your culture and the future success of your business.
Rooibos tea deal changes rural community's fortunes
24/09/2019 - 10:47
A small rural community is set to supply the Spar Group with South Africa's legendary rooibos tea.
Massmart partners with Walmart’s global sourcing team to help local suppliers export to Walmart markets
10/09/2019 - 09:28
Representatives from Walmart’s Global Sourcing team are in Johannesburg to meet with 18 of Massmart’s South African suppliers who are interested in exploring opportunities to export their products to Walmart markets.
Walmart Q2 revenue grows 1.8% year on year
20/08/2019 - 14:13
Total revenue of Walmart for its second quarter (Q2) of Financial Year 2020 (FY20) ending July 31 hit $130.4 billion, up 1.8 percent year on year, while the net sales of Walmart International decreased 1.1 percent year on year to $29.1 billion, the company reported.