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Walmart Is Cutting Thousands Of Store Co-managers After Raising Wages - Latest News


Walmart is cutting thousands of store co-managers after raising wages

Walmart is reportedly cutting 3,500 co-manager positions and adding 1,700 lower-paid assistant store managers. The restructuring comes the day after Walmart announced it will raise its starting hourly ... read more

After bonus announcement, Walmart fires thousands of co-managers, replaces them with cheaper workers

Since this cut ... raise its minimum wage from $10 to $11 per hour, an increase that was inevitable to keep pace with changing state laws and competitors who already pay more. The minimum wage increas... read more

Walmart hikes minimum wage, announces layoffs on same day

NEW YORK (Reuters) - Walmart on Thursday said it will raise entry-level wages for U.S. hourly employees to $11 an hour in February as it benefits from last month’s major corporate tax cut and ... News ... read more

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As Big Retailers Seek to Cut Their Tax Bills, Towns Bear the Brunt

These businesses — many of them brick-and-mortar stores like Walmart ... dark-store argument started to gain traction in a few states in the mid-2000s, but has snowballed in the last year. After retai... read more


Walmart’s bait and switch

As thousands are forced into uncertainty due to the store ... after the bonus and wage increase announcement, Trump patted himself on the back along with Walmart, tweeting that the wage announcement w... read more

Target Is Raising Its Minimum Wage and Is Making a Big Pledge for 2020

Target (tgt) is raising its starting wage ... soon after Walmart (wmt) had announced its own raises. The move comes at a time Target is trying to hang on to a fragile turnaround in its sales performan... read more

Economically and morally, the minimum wage hike makes perfect sense

Walmart ... thousands of retail jobs remain unfilled. (Competitor Target says it plans to raise its hourly wage to $15 an hour by the end of 2020). If Walmart doesn’t make its jobs more attractive to ... read more

Target 2018 plan includes new delivery options, second wage hike

Raising its minimum wage again this spring ... That ship-from-store capability is one of the main reasons Target is able to launch free two-day delivery on hundreds of thousands of items for its Redca... read more

Walmart To Give Nearly 40% Of Employees Pay Increases Over The Next Year

Just before Christmas Walmart announced it would raise the base pay ... While the wage increases are likely a welcome addition for employees, they come just four months after the company announced it ... read more

Amazon jumps out ahead of its rivals and raises wages to $15

Amazon, which has faced political and economic pressure to raise pay for thousands ... such as Amazon, Walmart and Target, and the struggling ones, which won't be able to afford to compete on salary. ... read more



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