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
Gillfor partners with IKO in exclusive distribution deal
Tue, December 05th, 2023
Mastermind Toys finds a buyer
Tue, December 05th, 2023
Learn how to drive appliance & kitchen sales in latest issue of Dealer News
Tue, December 05th, 2023
RONA shares strategy, new look for its dealers, at Montreal buying show
Mon, December 04th, 2023
Gawtrey announces retirement from Home Hardware
Mon, December 04th, 2023
Vista Railing expands sales team in Ontario and U.S.
Mon, December 04th, 2023
French home improvement supplier Alpagroup sets up in North America
Fri, December 01st, 2023
LBMAO’s AGM and gala brings Ontario industry members together
Fri, December 01st, 2023
Canadian shoppers to spend 15 percent more this holiday season: Retail Council of Canada
Fri, December 01st, 2023
Rainbow Bridge car explosion was a lumber dealer, not a terrorist
Thu, November 30th, 2023