Here is Why Walmart is Laying People off in Droves ! Walmart Aims for 75% of Stores to be Automation Serviced by 2026

Here is Why Walmart is Laying People off in Droves ! Walmart Aims for 75% of Stores to be Automation Serviced by 2026

Posted By: RumorMail
Date: Wednesday, 5-Apr-2023 11:30:59
http://www.rumormill.news/220308

Sam Walton must be proud of what they’ve done in his name, sigh.**********************By Siddharth Cavale
Tue, April 4, 2023Walmart Inc on Tuesday said it expects about 65% of its stores to be serviced by automation by the end of its fiscal year 2026, just days after revealing plans to lay off more than 2,000 people at facilities that fulfill online orders.The announcement, amid the U.S. retail giant’s annual investor meeting in Tampa, Florida, comes as Walmart increasingly uses its huge stores to handle online-order deliveries and invests heavily in automation to speed up order processing at its e-commerce fulfillment facilities.It was not immediately clear if this move would lead to more layoffs at the country’s biggest private employer, with about 1.7 million U.S. workers and another 60,000 abroad. The company said the moves would reduce the need for lower-paid roles.https://finance.yahoo.com/news/walmart-says-65-stores-serviced-211828156.html—-

https://www.rumormillnews.com/cgi-bin/forum.cgi?read=220308

Advertisement
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s