“We are continuing on our journey to create an omni-channel organization within our Walmart U.S. business and we’re making some additional changes this week. The pay raise is directly related to the introduction of what the company calls a "team-based operating model" in its Supercenters, aimed at increasing the flexibility of individual stores to respond to customers and local conditions. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. The pay hike isn't occurring in isolation, but is part of a restructuring effort begun by Walmart to adjust to the new post-coronavirus retail model, with much stronger pickup and delivery demand along with other changes. Returns as of 11/03/2020. (TB&P) — Walmart is restructuring its U.S. business and hundreds of employees are being laid off, according to sources. Ensure high quality products are available in produce, deli, bakery, dairy, meat, and other departments Pack ready-to-sell products in proper containers and stock displays Prepare and serve ready-to-eat food Assist customers in ordering cakes, fulfilling deli orders, or finding the right produce Keep area clean, sanitized, and customer-ready Compared to prior years, Walmart has been quiet about layoffs for most of 2020, but new management at Walmart U.S. did restructure earlier this year. The structure we are putting in place will help improve communication and execution, streamline decision-making and help us accelerate our pace of change.". Bloomberg reported Tuesday that Walmart would reduce its U.S. divisions from six to four, and the number of regions in the U.S. from 44 to 36. Supermarket News is part of the Informa Connect Division of Informa PLC. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Walmart said the downsizing is part of its ongoing efforts to streamline its business and move toward a retail model that includes many ways to reach consumers. It was not immediately known how many jobs would be affected by the restructuring. Bloomberg reported Tuesday that Walmart would reduce its U.S. divisions from six to four, and the number of regions in the U.S. from 44 to 36. Rhian studied Business Economics and Microeconomics at the University of Wisconsin. Walmart now operates 4,756 U.S. stores. But heavy losses in this segment and the renewed effort to streamline the business has prompted heavy job cuts with dozens of category specialists and analysts let go this week. "As retail and the customer are changing, we’re putting people who are equipped to run great stores and understand, embrace and execute change at an unprecedented rate in the right roles and in the right locations,” spokesman Kory Lundberg told SN in an email. Talk Business & Politics has learned dozens of employees in the areas of fresh produce and meat supply chain, real estate, logistics and transportation, global people, human resources and customer experience teams were also impacted from the ongoing layoffs which began July 27. Walmart has been investing heavily in its digital operations and in lower prices at stores as it seeks to transform itself ahead of a retail world undergoing disruption on multiple fronts. The mega retailer is debuting a new model called “Great Workplace,” which will create a new framework for how Walmart operates its stores, focusing on employee growth and satisfaction. BENTONVILLE, AR - When retailers seek to improve their business models, it helps to start at the ground floor—and Walmart is doing just that. The Product.org division was also involved in the recent layoffs, according to sources familiar with the situation. “Retail is constantly evolving, and it's critical that we move even faster as the customer and competitive landscape continue to change,” CEO Doug McMillon said in a conference call last month. Walmart, which has 1.5 million U.S. employees, is the country’s largest employer. Store manager is one of the best jobs you can land at Walmart, according to Joni Holderman, a professional resume writer and founder of Thrive! L Brands recently announced 850 corporate job cuts and Macy’s laid off 3,900 in recent weeks. Sorting through their possessions, small and large, brings back a flood of memories. "Few people realize that Walmart store managers can earn $150k to $250k+ per year in salary and bonus -- if their store achieves all its performance targets," she said. Registered in England and Wales. Read the full story on the Talk Business & Politics website. The layoffs don’t stop there. The statement also relates the team concept to the greatly increased emphasis on pickup and delivery, which will presumably require more employee initiative and decision-making than simply restocking shelves. The pay hike isn't occurring in isolation, but is part of a restructuring effort begun by Walmart to adjust to the new post-coronavirus retail model, with … Walmart U.S. Chief Operating Officer Dacona Smith describes the new initiative as a move "creating small teams of associates who will be cross-trained and given ownership of the work and their area for everything from in-stock to visual standards.". Unlike these retailers, Walmart does not give exact numbers with corporate restructuring efforts. Earlier this year, around 200 replenishment roles were cut as Walmart changed its sourcing practices and roles. Walmart has not provided a job cut total but sources tell Talk Business & Politics it is several hundred jobs in Northwest Arkansas and in West Coast offices. Already in place in around 75 locations, the new Fossil said in June it was cutting 10% of its corporate workforce. Walmart, which has 1.5 million U.S. employees, is the country’s largest employer. LITTLE ROCK, Ark. The company is providing incentives for successful team leads to stay on and keep their experience available to Walmart, and starting pay for new team leadership roles is rising to $18 to $21 per hour, with possible eventual increases to $30 per hour. Photo by Ashley Nickle Walmart has begun to implement its new Produce 2.0 initiative, and the changes allow stores to offer competitive quality along with value, CEO Doug McMillon said at a conference this week. All Rights Reserved. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. The company scaled up its e-commerce division in the past few years under Marc Lore, Walmart U.S. eCommerce CEO. The nation’s biggest employer is looking to … Stock Advisor launched in February of 2002. 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