- 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