Now Wal-Mart also laid off, the company asked hundreds of employees to find a new job in 90 days

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Walmart Layoffs: E-commerce platform American company Walmart has asked employees to find a new job within 90 days. The spokesperson of the company has confirmed this to the media. About 200 workers in Padretown, New Jersey and hundreds more in Fort Worth, Texas, Chino, California, Davenport, Florida and Bethlehem, Pennsylvania faced layoffs due to reductions in night and weekend shifts, the spokesman said.

The decision of the company may cause turmoil in the American economy
This layoff decision taken by Wal-Mart could create turmoil in the US economy given the company’s large size. Many economists predict that the economy may face a recession this year. According to a March report by Challenger, Gray & Christmas, retailers have cut 17,456 jobs so far in 2023 due to fears of an impending recession. Let us tell you that only 761 people lost their jobs in this period last year.

Company Bid – Will help affected employees find jobs
Retail companies such as Amazon, Neiman Marcus and Lidl have largely reduced their corporate workforces. “We recently made changes to our human resources workforce aimed at better preparing for the future needs of customers,” Walmart said in a statement. Walmart said in its statement that it will help affected associates find new jobs.

The company has planned to invest on automation
It will pay affected employees up to 90 days to find jobs at other company branches, including in Joliet, Illinois and Lancaster, Texas, the spokeswoman said. The company has opened high-tech e-commerce distribution centers at these locations. Walmart has been investing heavily in automation over the past few years. The company is partnering with companies like Naap to help it reduce the number of employees from 12 to five to fulfill e-commerce orders. The company has implemented this method of operation, for example, at its branch in Padrectown, New Jersey.

Walmart CEO Doug McMillan said after earnings results in February that the company plans to increase investment in automation technology as part of a more than $15 billion capital spending budget this year.

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