Walmart To Let Go More Than 1,000 Employees At Atlanta Fulfillment Center

As per a Worker Adjustment and Retraining Notification, Walmart Inc WMT looks to lay off 1,458 workers at the e-commerce fulfillment center in Fulton Parkway in Atlanta, Georgia.
"We're converting the fulfillment center on Fulton Parkway to support our growing WFS (Walmart Fulfillment Services) business," Reuters reports quoting Walmart spokesperson Scott Pope.
Also Read: Walmart Strategically Times Its Holiday Sales Event To Win More Shoppers From Amazon
Walmart notified the workers in late August about the lay-offs.
"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."
On Thursday, the retail giant announced the acquisition of Alert Innovation, a robotics and automation firm, to help speed up deliveries and cut the number of steps in processing orders.
The Atlanta facility's conversion is part of Walmart's plan to modernize and build more high-tech warehouses.
In September, Walmart shared plans to hire additional 40,000 workers in seasonal and full-time roles ahead of the big holiday season.
Price Action: WMT shares closed at $131.68 on Thursday.
Photo Via Company

Overview Rating:

Good

100

0100