Walmart laying off hundreds from its warehouses as it doubles down on automation and braces for new era in online shopping
"Customer expectations are changing, and we are moving quickly to meet and exceed their needs. As demand grows, we are maximizing our network of stores and fulfillment centers, to deliver items for online customers, when and how they want them," a Walmart spokesperson told Insider.
"We recently adjusted staffing levels at our fulfillment centers in select markets to better prepare for the future needs of customers. This decision was not made lightly, and we're working closely with affected associates to help them understand what career options may be available at other Walmart locations."
In the company's latest earnings call in February, Walmart's Chief Financial Officer, John David Rainey, highlighted the company's plans for automation while noting the difficult economic climate. "You will begin to see the significant benefits from the investments that we're making in things like our supply chain automation and our expanded e-commerce capabilities," he said."The macro pressures this year may obscure some of that progress but won't take away from the long-term promise of many of these initiatives."Subscribe to push notifications
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