Tech

Sam Club's employees say they were shocked to learn of layoffs

Sam Club's employees say they were shocked to learn of layoffs

On Thursday morning, Walmart said it would raise its minimum starting wage to $11 an hour from $9 while also expanding maternity and family leave benefits and offering bonuses of up to $1,000.

Walmart Inc. plans to repurpose some of the Sam's Clubs stores that will close later this month, making them fulfillment centers for e-commerce. That location is adjacent to a Walmart Supercenter store. "Closing clubs is never easy and we're committed to working with impacted members and associates through this transition".

Sixty-three Sam's Club's locations are closing, including ones in Stanton and Sylmar.

Employees showing up for work at the Linden Sam's Club, the membership warehouse owned by retail giant Walmart, learned that the store is one of 63 across the nation that are unexpectedly shutting down or converting to regional distribution centers to help fill online orders.

"We made a deliberate decision to prioritize employees", Mr. Furner said. But numerous thousands of workers who will be affected were unaware when they showed up to locked stores on Thursday.

According to the Journal, the job cuts, which are expected to focus on workers in various roles at the company's Arkansas headquarters, are expected to be completed by the end of the company's fiscal year on January 31.

More news: Trims Position in Pattern Energy Group Inc (NASDAQ:PEGI)

Fees to join Sam's Club run from $45-$100 a year.

"We know this is hard news for our associates, and we are working to place as many of them as possible at nearby locations", said Sam's Club President and CEO John Furner. The official Sam's Club Twitter account replied to some questions with a brief statement.

The 63 stores closing were falling behind in sales, according to Walmart.

When asked about the workers who will lose their jobs as a result of the Sam's Club closures, however, Mnuchin responded: "Different companies will do different things".

"Right now that's what the customer wants", she said.


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