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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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Target to increase minimum wage to $9 an hour, matching rivals Wal-Mart and TJ Maxx

Target Corp next month will raise ... A week after Wal-Mart's announcement, T.J. Maxx and Marshalls owner TJX said it would match the $9 minimum in June. The next group of retailers likely to face pre... 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

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

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

Hungry for Savings

Store 100 is one of thousands of Walmart locations ... Further down the lobbying form, Walmart also disclosed discussing the minimum wage. (Walmart says that it has not taken a stand on the proposed r... read more

Walmart Workers Arrested at NYC and DC Protests for a $15 Minimum Wage

"One week after ... thousands of Walmart associated are not employed full-time, which also excludes them from insurance and benefits. "When you actually look at the numbers of what I see at my store, ... read more

Reflecting on 5 Earnings Reports and 1 Remarkable Life

After his Microsoft stake made him a billionaire ... Hill: Let's move on to Walmart, which is in the headlines for a couple of reasons. Walmart cut earnings guidance for 2019. That's largely due to th... read more

Walmart hikes minimum wage, announces layoffs on same day

Around 50 of those stores will be shut permanently after a review of profitability and up to 12 more will be shut and reopened as e-commerce warehouses, the person said. Every Sam’s Club store ... wou... read more



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