Hundreds of staff at five U.S. Walmart fulfillment centers are being asked to find jobs within 90 days at other Walmart locations, a spokesperson told Reuters. Roughly 200 workers in Pedricktown, New Jersey, and hundreds of others at Fort Worth, Texas; Chino, California; Davenport, Florida; and Bethlehem, Pennsylvania were laid off due to a reduction or elimination in evening and weekend shifts, the spokesperson noted. Reference Link
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on WMT:
- Gordon Haskett downgrades Dollar General with ‘more questions than answers’
- Honest Company price target lowered to $2 from $3 at Loop Capital
- BRC Inc. price target lowered to $10 from $12 at DA Davidson
- These 2 Giant Retail Stocks are Strong Buys, Say Analysts
- Wal-Mart call volume above normal and directionally bullish