Walmart laying off nearly 600 employees in Charlotte as part of outsourcing

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Walmart laying off nearly 600 employees in Charlotte as part of outsourcing
Anonymous Coward User ID: 74819426 United States 06/15/2019 02:36 PM Report Abusive Post Report Copyright Violation	Walmart laying off nearly 600 employees in Charlotte as part of outsourcing [link to www.bizjournals.com (secure)] Retail giant Walmart Inc. will lay off hundreds in Charlotte starting later this year as it outsources its finance and accounting operations. The retailer filed a Worker Adjustment and Retraining Notification with the N.C. Department of Commerce this week, stating a permanent closure of a Walmart division in Water Ridge will result in about 569 layoffs. Walmart (NYSE: WMT) signed a 12-year lease in 2015 to occupy the full 107,545-square-foot building at 2118 Water Ridge Parkway, where it operates several units, including finance and accounting. The work done by the affected divisions are being outsourced to Genpact (NYSE: G), a professional services firm that last year opened a digital innovation hub in Bentonville, Arkansas, Walmart's headquarters city. A news release from Genpact in November said the company was working with Walmart "to transform (its) finance and accounting back-office operations." Layoffs in Charlotte are expected to begin in September and continue until early 2020.

Anonymous Coward User ID: 77635059 United States 06/15/2019 02:37 PM Report Abusive Post Report Copyright Violation	Re: Walmart laying off nearly 600 employees in Charlotte as part of outsourcing The tariffs and food collapse are going to change the way ALL of these stores look in the very near future.
Anonymous Coward User ID: 76283130 United States 06/15/2019 02:40 PM Report Abusive Post Report Copyright Violation	Re: Walmart laying off nearly 600 employees in Charlotte as part of outsourcing The tariffs and food collapse are going to change the way ALL of these stores look in the very near future. Quoting: Anonymous Coward 77635059 good.
Anonymous Coward User ID: 10485453 United States 06/15/2019 03:10 PM Report Abusive Post Report Copyright Violation	Re: Walmart laying off nearly 600 employees in Charlotte as part of outsourcing I've seen zero impact from tariffs. Food will be going way up do to flooding. Walmart spent a fortune on remodleling our local store inside and out. Door greeters are now gone and about half the cash registers have been replaced with scan and go systems. They've got a third party vendor back in the cellphone/computer and tv area. 12 new pickup parking spots outside. they even poured new asphalt for them. and the best part I can cable lock my bike up 20' from the front door.
Anonymous Coward User ID: 28964405 United States 06/15/2019 03:25 PM Report Abusive Post Report Copyright Violation	Re: Walmart laying off nearly 600 employees in Charlotte as part of outsourcing that's how they keep their prices down.
Anonymous Coward User ID: 77635059 United States 06/15/2019 03:28 PM Report Abusive Post Report Copyright Violation	Re: Walmart laying off nearly 600 employees in Charlotte as part of outsourcing City Market (Kroger)...has started building something on their rooftop which you can't see from the parking lot. They already have two guard towers on the building that must of cost a small fortune to build back when the store was put in the late 90's. Lots of closeouts in the aisles..food that's never coming back.
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