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January 1, Walmart’s Latest Move is Bad Sign for the Economy

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Walmart is set to lay off hundreds of workers at its e-commerce fulfillment centers — a move that could spell out more trouble for the already battered U.S. economy.

On Thursday, a Walmart spokesperson confirmed to Reuters that about 200 workers at one of its facilities in New Jersey would be laid off.

Additionally, the retail giant laid off hundreds of employees at four other sites: Fort Worth, Texas; Davenport, Florida; Bethlehem, Pennsylvania; and Chino, California.

“We recently adjusted staffing levels at our [fulfillment centers] in select markets to better prepare for the future needs of customers,” Walmart said in a statement.

“This decision was not made lightly, and we’re working closely with affected associates to help them understand what career options may be available at other Walmart locations.”

The cuts were made necessary at the facilities after the company reduced or eliminated night and weekend shifts, the spokesperson said. The laid off workers will receive 90 days of pay as Walmart attempts to find jobs for them at other facilities.

Walmart did not provide a comment on the exact number of employees laid off. The company is currently unsure how many workers will ultimately be laid-off or rehired, the spokesperson said.

The layoffs came after Walmart has made substantial investments in automation technology in order to streamline its online order fulfillment process.

Last month, during a post-earnings call, Walmart CEO Doug McMillion said he was “most excited about the automation opportunity we have.” The company is slated to up its investments in automation tech this year, as part of its $15 billion capital expenditure budget.

Walmart is the largest private employer in the U.S., with about 1.7 million employees across its 5,000 locations.


Source: MarketWatch

9 Comments

9 Comments

  1. Blondie

    March 28, 2023 at 7:27 pm

    I find this despicable!!! I was in the Walmart store on Coit Rd at Bush last week. No one was in any register. Everything was customers checking out themselves.
    A guy saw my frustration & came over to help. He advised me that he had applied a month previously & had to wait all this time to hear from Walmart. He stated he really didn’t know much about checking out customers, just yet, but wanted to help.
    He said Walmart advised him they couldn’t find anybody who wanted to work & that was why the customers were checking out themselves.

    Wow! Walmart’s lies are out now. Going woke, going broke. It can’t be they can’t find workers & laying off hundreds at the same at the same time. Gosh, Gee!! It’s so disgusting to put all people in the dumbville category, because, people can see right through their lies.
    I’m not a true Walmart shopper, but, go there for certain items, other, than groceries. I will never be abused like I was that night, by Walmart’s third rate customer service. I was there for 1 hour, checking out 4 items, because their systems to check out were not working. They’ve never worked properly. My time is worth $200 per hour & they expect me to check out my own items. Insult to injury. I’m sure there are many others like myself whose time is worth more than $15.00 per hour, checking out our items at Walmart.

  2. Ray Copeland

    March 28, 2023 at 7:54 pm

    I don’t buy their crap, all their sh=t comes from all the scumbag countries like the worthless crap from China.

  3. David Laman

    March 28, 2023 at 8:22 pm

    The more people Walmart moves out, the less I will shop in their stores. I don’t know about their distribution centers, but they are doing away with the check out people in their stores. I am not going to use their automated check out.

    • Gary Adcock

      March 28, 2023 at 8:50 pm

      My wife and I shop Wal-Mart only when have to because of the automated check out already, this make us shop even less maybe stop shopping Wal-Mart completely!!

  4. Jimb

    March 28, 2023 at 10:35 pm

    This is the result of arbitrary minimum wages. The companies are forced to automate in an uncertain economic environment. McDonald’s already has a fully automated store in Texas with a minimal number of employees. Unfortunately, robots don’t call off sick, don’t have babysitter or spousal issues and don’t cost enormous dollars in insurance, unemployment, disability and other expenses. As it pertains to fast food restaurants, some jobs were never envisioned to be a career, but rather, an entry point into you’r future.l.

  5. Earl

    March 29, 2023 at 12:03 am

    I will not use the automated check out! There are other big box stores that i can shop at! I can name a couple of other stores that did this and other thing to cut heads, they are no longer with us either. if everyone does it then i guess i will just have to order over the net. if i have to use auto check out then i might as well do it all at home, —RIGHT—

  6. CHARLES JONES

    March 29, 2023 at 1:37 am

    I will not spend my money, check myself out, and bag my own groceries just to add to their bottom line. I will call Sam’s with a list and go pick it up

  7. Nellie

    March 29, 2023 at 6:34 am

    Walmart will go down like KMart. Walmart doesn’t rotate the merchandise, most everything is from China, lots of everything on recall. Automatic check out is a disaster. I stopped shopping their as soon as they installed automatic check out. Don’t have any help for disabled people checking out. Prayers for our country.

  8. Bob

    March 29, 2023 at 4:50 pm

    Better get used to it. They can’t find enough workers in many areas in spite of just announcing higher starting wages.
    Using automated checkout often beats standing in line while somebody fumbles for their change, credit or EBT card is overdrawn and then trying to figure out what to do?

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