Walmart to lay off about 1,500 workers at Atlanta fulfillment center [Reuters]
Walmart Inc. (WMT)
Last walmart inc. earnings: 2/18 06:00 am
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Source: Reuters
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 au
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WMT
Earnings
- 2/20/24 - Beat
WMT
Sec Filings
- 4/11/24 - Form 4
- 4/11/24 - Form 4
- 4/2/24 - Form 4
- WMT's page on the SEC website