The company's layoff date was posted as March 16 in a WARN notice sent to the Louisiana Workforce Commission, but employees of the Walmart next door and the other location of Sam's Club say the location closed today.
For those still working, beginning in February, Walmart starting wage rises to $11/hour; paid maternity leave expands to ten weeks and paid parental leave to six weeks; employees adopting get a $5,000 adoption benefit, and employees of two years or more will get a bonus of $250 dollars to $1,000, depending on years of service.
Walmart is closing dozens of Sam's Club stores, but none are in the metro-east or St. Louis.
"We are early in the stages of assessing the opportunities tax reform creates for us to invest in our customers and associates and to further strengthen our business, all of which should benefit our shareholders", said McMillon.
Diana Leavitt Lanham, of Loveland, OH, said she worked at Sam's Club for three years as an overnight stocker before she was terminated Thursday. In all, Walmart employs 2.3 million people around the world, 1.5 million of which are in the U.S.
When asked about the workers who will lose their jobs as a result of the Sam's Club closures, however, Mnuchin responded: "Different companies will do different things".
Labor advocacy groups called the pay increase a "big win" for employees but said it fell short of providing a living wage in many parts of the country. And with the employment level being so low in Alabama, I was surprised because I thought they were doing well. We'll convert some of them into eCommerce fulfillment centers - to better serve the growing number of members shopping with us online and continue scaling the business.
The company said the moves that will affect more than a million hourly workers in the U.S. are tied to recently enacted tax legislation that will save it money. Put another way, the new increment is equivalent to just 0.3 percent of the company's sales and administration costs.
Hitt declined to provide a list of addresses for the 63 Sam's Clubs locations that will be shut down.
According to Mike Harvey, an economic developer for the Northwest Arkansas Council, it's the change Walmart has to make to stay on top.
"And this is really convenient for me to come here and now, it's closing?"
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