Why is Walmart Laying Off Staff refers back to the current choice by Walmart, the world’s largest retailer, to put off a major variety of its workers. The layoffs are half of a bigger cost-cutting initiative by the corporate, which has been dealing with declining gross sales and growing competitors from on-line retailers.
The layoffs have been met with blended reactions. Some workers have expressed anger and frustration, whereas others have mentioned they perceive the necessity for the corporate to chop prices. Walmart has mentioned that it’s offering severance packages and job placement help to the affected workers.
