Wednesday, 19 December, 2018

Walmart's Sam's Club store closures: up to 11000 job cuts

A Sam's Club in Bentonville Ark. is shown Thursday A Sam's Club in Bentonville Ark. is shown Thursday
Kayla Schwartz | 13 January, 2018, 03:53

NBC4 has not confirmed any Central Ohio locations closing. The company cited tax legislation that will help it save money, but the moves also reflect the tight labor market in which employers are competing for workers.

In a post on Facebook, the Stonecrest City Facebook page said the Sam's Club near the Mall of Stonecrest closed January 11 and the closure came to a surprise to elected officials, Sam's employees and the community.

Walmart plans to start paying its one million U.S. workers at least $11 an hour and give them a one-off cash bonus.

Employees at all three Jacksonville stores answered the phone Thursday and said they were open.

Sam's Club locations across the country are abruptly closing for good without warning to staff and customers.

The closures coincide with today's announcement from Walmart that it was raising starting hourly wages to $11 and expanding employee benefits, all effective next month.

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Some reports indicated that employees were greeted by locked doors and closure signs when they arrived at work today.

"We've made a decision to right-size our fleet and better align our locations with our strategy".

While the White House was complimenting Walmart for using this country's new lower tax rate to give pay increases and bonuses to workers, customers were finding some Sam's Club locations closed with no notice. Besides that, according to Business Insider, all of the stores slated for closure were scrubbed from the Sam's Club website this morning.

Walmart says that after the closings it will have 597 clubs.

The one-time bonus employees will receive will be proportional to the amount of time each individual has spent with the company, up to $1,000. "Now, they will be eligible for 10 weeks of maternity leave at 100 percent pay and six weeks of parental leave at 100 percent pay".

Although Wal-Mart's move lifts its overall starting US wage from $10 an hour (after workers take a training course), the increase matches what's already the minimum wage in California.

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