Bad news coming out today for some high-end Wal-Mart Employees as reports indicate that the Stores Inc. plans to cut thousands of back office positions around the country, a sign that the retailer’s effort to make its cavernous stores more efficient is also changing the face of its workforce.
The country’s largest private employer is eliminating about 7,000 U.S. store accounting and invoicing positions over the next several months, jobs mostly held by long-term employees, often some of the highest paid hourly workers in stores. The retailer wants those employees working with shoppers, not in backrooms, say company executives. Centralizing or automating much of those tasks is more efficient, they say. READ MORE