Wal-Mart,the largest U.S. and world employer,is cutting 10,000 more jobs from its Sam's Club division.Last week it cut 1200 jobs from Sam's Club customer recruitment ranks,saying it will turn to more targeted methods.Earlier in the month,it closed 10 Sam's Club stores,laying off 1500.The new job cuts are as a result of contracting with Shopper Events to handle sampling activities in the stores,which are considered crucial to warehouse store marketing.The total number of jobs cut from Sam's Club is 12,700.
Sam's Club has been trailing its competitors,Costco and BJ's Wholesale Club.Its sales declined last quarter,while parent Wal-Mart's sales increased.Typically,its customers have ended up buying well in excess of their actual needs.It's a habit many of them may be abandoning in the frugal atmosphere that prevails today.Samples staff will have a much harder sell under current conditions.
Some of the laid-off workers may be hired by Shopper Events.Others have been offered positions at Wal-Mart locations.This could limit the effect of the layoffs on local communities.Just how much the effect will be limited remains unclear,however.
No comments:
Post a Comment