Get 40% Off
📈 Free Gift Friday: Instantly Copy Legendary Investors' PortfoliosCopy for Free

Walmart to lay off about 1,500 workers at Atlanta fulfillment center

Published 10/06/2022, 05:46 PM
Updated 10/06/2022, 05:52 PM
© Reuters. FILE PHOTO: A Walmart sign is seen inside its department store in West Haven, Connecticut, U.S., February 17, 2021. REUTERS/Mike Segar/File Photo

By Siddharth Cavale

NEW YORK (Reuters) - Walmart (NYSE:WMT) Inc is planning to cut more than 1,000 jobs at an Atlanta facility that fulfills orders placed on Walmart.com.

In a Worker Adjustment and Retraining Notification (WARN) filed on Wednesday, the nation's largest retailer said it would lay off 1,458 workers at the e-commerce fulfillment center located in Fulton Parkway in Atlanta, Georgia.

Walmart confirmed to Reuters that it was cutting its workforce at the facility and that workers were notified about the move in late August.

"We're converting the fulfillment center on Fulton Parkway to support our growing WFS (Walmart Fulfillment Services) business," Scott Pope, a spokesperson for Walmart, said.

"As part of the conversion, the facility's infrastructure, operational resources, processes, staffing requirements and equipment are being adjusted to meet the building’s needs."

A WARN notice is mandated by U.S. labor law and requires companies with 100 or more employees to provide 60 days' advance notification of plant closings and mass layoffs.

Earlier on Thursday, the company announced it would acquire Alert Innovation, a robotics and automation firm, to help speed up deliveries and cut the number of steps taken by employees in processing orders.

The Atlanta facility's conversion is part of Walmart's plan to modernize and build warehouses with a more high-tech spin to support its rapidly growing online business.

Pope added that affected workers are being assisted with paid job searches and that some employees have been hired back at other Walmart stores and supply chain facilities.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The news comes just two weeks after the Bentonville, Arkansas-based retailer announced plans to hire 40,000 new seasonal workers, most of them in-store associates, to prepare for the busy holiday season.

Many U.S. chains are betting that holiday shoppers will return to physical stores once again as e-commerce sales level off, and are staffing up accordingly.

Walmart employs more than 70,000 associates in the state of Georgia, according to its website.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.