Sam's Club to Lay Off 2,300
January 28, 2014,
BENTONVILLE, Ark.-Sam's Club plans to lay off about 2,300 associates, or about 2 percent of its total associate number, across its clubs. A time frame for the lay offs was not given.
According to a statement from Bill Durling, who heads Sam's Club's corporate communications, the warehouse-club retailer and division of Walmart will conduct the layoffs "to rebalance our resources more effectively across our clubs to align our structure more closely to the current and future revenue of each club." Durling said Sam's Club will eliminate certain hourly positions, in some cases reducing the number of assistant managers and, in other cases, creating new and more senior-level positions.
Durling added that Sam's Club will not disclose the exact number of associates per club who will be laid off, but added that this move will affect an average of four associates per club. In addition, the associates will be paid their regular salary for 60 days to give them time to apply for other opportunities at Sam's Club or Walmart. If an associate is unable to find another role, he or she will be eligible for severance, Durling added.