Monday, January 25, 2010

Walmart to lay off 11,200 workers at Sam's Club

Walmart Stores Inc. said Sunday that it is cutting about 11,200 jobs at its Sam's Club warehouse division as it outsources its product-sampling department to marketing company Shopper Events in an effort to win more customers and boost lagging sales.

The terminations represent about 10 percent of the warehouse club operator's 110,000 staffers across its 600 stores. About 10,000 members of the demonstration department, most part-time workers, were let go. Employees were told the news at mandatory meetings on Sunday morning. (more)

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