MSNBC: Wal-Mart cutting 11,200 jobs at Sam’s Club

Posted on January 24, 2010
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NEW YORK – Wal-Mart Stores Inc. will cut about 11,200 jobs at Sam’s Club warehouses as it turns over the task of in-store product demonstrations to an outside marketing company.

The move is an effort to improve sales at Sam’s Club, which has underperformed the company’s namesake stores in the U.S. and abroad.

The cuts represent about 10 percent of the warehouse club operator’s 110,000 staffers across its 600 stores. That includes 10,000 workers, mostly part-timers, who offer food samples and showcase products to customers. The company also eliminated 1,200 workers who recruit new members.

Read Full Article Here: Wal-Mart cutting 11,200 jobs at Sam’s Club – Retail – msnbc.com.

Proof the economy is still spiraling downward

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