TORONTO — Wal-Mart Canada has confirmed the layoffs of 750 employees, a figure it says amounts to less than 1% of its staff, as the company moves to restructure its management, according to the Canadian Press. As part of that process, Wal-Mart Canada says 1,300 associates were promoted to more senior positions and 200 store managers added. One manager affected by the layoffs suggested to HARDLINES that allowing for internal movement, the effective total number of terminations is closer to 950, with an influx of front-line associates filling the void created by the shrink in management. Wal-Mart Canada has more than tripled in size since it began two decades ago with 122 former Woolco stores.
Wal-Mart slashes 750 jobs
Most Recent
Most Read
RONA adds six new affiliate dealers
Fri, April 26th, 2024
King Marketing gathers national team, celebrates achievements of its reps
Fri, April 26th, 2024
Aaron Jarosz promoted to lead Home Depot Canada's pro services
Thu, April 25th, 2024
New owners for Canadian Tire store in Innisfil, Ont.
Thu, April 25th, 2024
United Hardware merges with Do it Best
Thu, April 25th, 2024
Throwback Thursday: Ten years ago, Home Depot Canada started using stores as online showrooms
Thu, April 25th, 2024
CEO shares plans for Home Hardware’s 60th anniversary
Wed, April 24th, 2024
West Fraser posts Q1 financials
Wed, April 24th, 2024
IKEA introduces online financial options
Wed, April 24th, 2024
Retail sales stable in February
Wed, April 24th, 2024