CANADA: Wal-Mart Canada axes 750 jobs in restructure
Wal-Mart is the latest retailer to cut hundreds of jobs in Canada as part of a new management restructuring in its stores.
The company said it has eliminated 750 roles - which make up less than 1% of its Canadian workforce and averages out to less than two positions per store. Wal-Mart believes the move will enable it to provide "improved service" to its customers and "enhanced career opportunities" for its employees.
"The new management structure makes more of our associates available during peak shopping periods when our customers need us the most, and gives our associates greater access to their managers for their ongoing career development," said Andrew Pelletier, VP of corporate affairs and sustainability at Wal-Mart Canada.
The structure has been tested in select stores across Canada over the last six months, and has received "positive" feedback.
Although roles have been eliminated, Pelletier was keen to stress that around 1,300 staff have been promoted to "more senior positions", while 200 new store management roles have been added.
The company expects to create 7,500 new jobs in Canada this year alone, including trade and construction jobs.
The move comes just three months after Wal-Mart revealed it would invest US$450m in supercentre and distribution facility projects across Canada, creating around 7,000 new jobs.
Canada appears to be a troubling market for many US retailers. In January, Sears announced it would axe 1,600-plus jobs to drive efficiencies and cut costs.
And just weeks after parting company with its CEO Gregg Steinhafel, general merchandise retailer Target Corporation announced the departure of Tony Fisher, president of its struggling Canadian operations.
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