Tag: Lay Offs

Walmart to Lay Off Hundreds of Workers at Five US E-Commerce Centers

March 23, 2023
Business & MarketsCompaniese-commerceeconomyInvestmentLay OffsUSUS NewsWalmart
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Hundreds of workers at five U.S. Walmart facilities that process online orders have been given 90 days to find a job at other company locations, a spokesperson confirmed to Reuters. About 200 workers at Pedricktown, New Jersey, and hundreds of others at Fort Worth, Texas; Chino, California; Davenport, Florida; and Bethlehem, Pennsylvania, were let go…

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Walmart to Lay Off Hundreds of Workers at 5 US E-Commerce Centers

March 23, 2023
Business & MarketsCompaniese-commerceeconomyInvestmentLay OffsUSUS NewsWalmart
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Hundreds of workers at five U.S. Walmart facilities that process online orders have been given 90 days to find a job at other company locations, a spokesperson confirmed to Reuters. About 200 workers at Pedricktown, New Jersey, and hundreds of others at Fort Worth, Texas; Chino, California; Davenport, Florida; and Bethlehem, Pennsylvania, were let go…

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Bed Bath & Beyond to Close 150 Stores, While Laying Off 20 Percent of Its Employees

August 31, 2022
bankruptcyBed Bath & BeyondBusiness & MarketsCompanieseconomyInvestmentLay OffsUS
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The home supply retail giant Bed Bath & Beyond is on the verge of bankruptcy and collapse, as it announces the closure of more of its stores, massive layoffs, and more stock offerings. The retailer announced on Aug. 31, as part of a “strategic update,” that it will lay off approximately 20 percent of its…

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‘I Got This Wrong’: Shopify Announces Major Layoffs

July 26, 2022
CanadaCanada Covid-19 pandemicLay OffsShopifyUS ecommerceWorld
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Canadian eCommerce company Shopify Inc. informed employees on July 26 that it is laying off about 1,000 workers, effectively immediately. “Shopify has to go through a reduction in workforce that will see about 10 percent leave by the end of the day,” said CEO and founder Tobi Lütke in the email, posted on the company’s…

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