Thread regarding Walmart layoffs

Co Manager Update

CoManagers, Thank you for a job well done, thru the Holidays and the Year!

These changes are coming about after you have worked extremely hard long, hours and taken time away from your family through the Holidays! Also, after you have probably given up PTO and time off through the year as well.

This is very confidential Information, and all have been threatened that if there is a leak and they can find the individual, they will be terminated. WOW!! What transparency! Maybe the new leadership should learn the Culture! Respect for the Individual, be honest, forth coming and keep the open discussion environment. The UNVARNISHED TRUTH should work both ways and not just up! Maybe your Regional, Market or Store Manager should look to trust in you and tell you the truth if not is this the type of Company that you want to work for?

The Unvarnished Truth!!

  1. Meetings held last Friday with all Mkt Managers, Mkt Human Resource Managers and all Store Managers. (Remember the level of talent in these positions: Several have never run stores at the Market level, but will be making the decision for the future!)

a. Talent discussions were held on all CoManagers. Very subjective discussions and not a very

level set meeting. A lot of favoritism, and buddy system playing out.

b. Not all of the best were selected, a lot of good talent will be lost in this process and not even

be retained as assistant managers. What a drain on talent again.

c. CoManagers were banded within the following catagories:

RED - Not retained or gets immediate severance pay and no time to look for a job. If you

have a coaching then you will fall into this category.

YELLOW - You will get an option to demote to an assistant manager; or 60 days pay and

severence.

GREEN - You will be offered a position. It may not be in your current store; or 60 days pay

and severence.

  1. All Regionals held a conference call with all Mkt Teams, Store Managers, and CoManagers. Basically gave the WalMart talking points.

a. Not a long term position, must be actively applying for stores and has a 3 year longevity.

b. Store Volumes and placement of CoManagers:

$80 million to $90 million dollars in sales = 1 CoManager position

$90 million to $125 million dollars in sales = 2 CoManager positions

$125 million and above in sales dollars = 3 CoManager positions

  1. All levels of management have been through this process Divisionals, Regionals, Mkt Managers, and their counter parts in Asset Protection, Health & Wellness, and Human Resources. (Though most at the Regional level above were given preference options).

  2. All the 1700 Assistant Manager positions that will be added will be in Online Pickup and Grocery Pickup and will not be immediate.

  3. There were Regional Hiring events for assistant manager placement back in November and December. Why if they new that this was coming? This was not dreamed up after New Years.

  4. The week of Christmas there was information that came out in reference to the Policy change on Voluntary Demotion Request regarding Management. Wow there must be a lot looking to get out. Now this change.

You should always be prepared with a resume and the leave for a better opportunity. A lot will stay through this process and be caught up in the same process in future years. Use your time to better yourself and get out of this Company and go somewhere that you will be valued.

GOOD LUCK and WISH ALL WELL with the outcome and the process!!

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Post ID: @OP+RfIyZGR

410 replies (most recent on top)

The Bonus

For those displaced co -managers- your bonus is not seen on the walmartone, but it was replaced by TBD! They are going to mail you a letter with the amount! How stupid is that? Why is Walmart wasting money on stamps when they could just put the amount on the Walmart One with your pay information?? That is why Walmart will not be long for this world!

Call the ASM number and demand to know the amount! Its your money you earned last year and you have the right to know it now just like all the others! According to them, you are still employed until March 30th!

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Post ID: @Iemz+RfIyZGR

I am a department manager and we lost two co-managers. One of them, who was our rock, was let walk out. She has been with Walmart 20 years and contributed to so much morale and productivity within our store. Recently after she left, we received a new co-manger because we were in the sales threshold to have only one. My question is why not keep the one we had that put in so much time and effort to running our store? Is it because she wasn't in the best of heath? Or because she couldn't stand for very long periods of time? I feel this is why they let this wonderful employee walk. Also, I feel like there are many lawsuits to come with this recent asinine decision to let so many co-managers walk. If it were me, I would have already been in front of an attorney.

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Post ID: @Imvb+RfIyZGR

According to the dates they posted on Walmart One the numbers were supposed to be available as of today. No such luck, checked this morning and again tonight and it still showed TBD. Maybe we will have it tomorrow....hopefully they don't drag it out like they have been with everything else.

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Post ID: @Ijya+RfIyZGR

Any co able to find bonus payout amount

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Post ID: @Ijzm+RfIyZGR

It would be nice if we could have time at the store they select to decide if we want to stay or take the severance

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Post ID: @Hznl+RfIyZGR

After 15 years I decided to just take the money and walk away.Too many other opportunities out there not too.I was told by a MM whom I use to work for they are not to offer any remaining Co Managers a job .I was offered a position at a Career killing store “because they needed strong management” in the store.Well if I wasn’t strong enough to be remain a Co then I’m not strong enough to be an assistant in a problem store.My inside source says more cuts still to come including Asst Mgrs,dept Mgrs,and support Mgrs.Thanks for the experience Walmart.It got me a higher paying job than My Co Manager position !!!

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Post ID: @Frjq+RfIyZGR

Has any other cos gotten contacted by your local unions? I along with 3 others that I know in my area have been contacted. They are trying hard to recruit us. How is the rest of the country?

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Post ID: @Dglh+RfIyZGR

This post is driving the Home Office CRAZY!!! So many hits and replys. KEEP IT GOING!!!

Let's keep all CoMgr information under one tag, Thanks.

My family chose to take the severance also. After 19 years of our life surrounding Walmart. I also worked my way up from an hourly associate. We did not deserve this. There is no way I would even consider applying for an assistant manager position. I am enjoying my 60 days with my family. All of us COs missed out on a lot at home. I am looking forward to my much deserved severance. Maybe some shopping on amazon....

I know a displaced co who closely resembles the last commentor. He is very religious, doesn't preach about it but makes it very known, and his peers were a pretty secular bunch. Can't help but wonder if that factored into his being cut

Displaced Co here .. I’m sitting my 60 out. I did not opt in. I knew what would happen. I went in with my eyes wide open. I started as a seasonal cashier and worked my way up through the ranks 14 years every step. I have been in every department and promoted even received merit raises.. when they were available .. I ran every area but when you don’t belong to the click or the good ol boys club .. sometimes it’s easier to walk away with your head held high ... I know for me it’s the right choice. It doesn’t make the way the company made the decisions right because my Evals and were always above standard and I was in the top box to promote .. but as they say it does come down to who you know and I never had a drink with my boss as my brothers did ...

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Post ID: @Dyfl+RfIyZGR

Why did Walmart just hire a new store manager from outside the company when there are so many displaced Cos???

We lost our Cos and our Store Manager in all of this mess. The Cos were hard working good people. Instead of promoting one of them, or one of the many other Cos that are being moved around like chess pieces, the company hired a former grocery store manager with no Walmart experience. If that doesn't make it crystal clear that they don't care about their people, I don't know what would. I understand retail businesses needing to stay lean and competitive in today's retail market, but I cannot come up with one good reason to be hiring outside managers when they are cutting good, experienced people. These folks have families who rely on them and they have had their worlds turned upside down. And the ones that still have jobs spend their days living in fear and talking about who will be next. What a wonderful way to inspire productivity and loyalty. Shameful!

First, ASSUMING THIS IS TRUE, Walmart did that to (A) save money and (B) to get a fresh approach from a different set of experiences. ---Which makes sense on the surface, but none an inch beneath that, because why would a company want management from one of the competitors they've systematically crushed?

Because (C) they're greedy and desperate :)

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Post ID: @Aktj+RfIyZGR

Why did Walmart just hire a new store manager from outside the company when there are so many dsplaced Cos???

We lost our Cos and our Store Manager in all of this mess. The Cos were hard working good people. Instead of promoting one of them, or one of the many other Cos that are being moved around like chess pieces, the company hired a former grocery store manager with no Walmart experience. If that doesn't make it crystal clear that they don't care about their people, I don't know what would. I understand retail businesses needing to stay lean and competitive in today's retail market, but I cannot come up with one good reason to be hiring outside managers when they are cutting good, experienced people. These folks have families who rely on them and they have had their worlds turned upside down. And the ones that still have jobs spend their days living in fear and talking about who will be next. What a wonderful way to inspire productivity and loyalty. Shameful!

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Post ID: @zyel+RfIyZGR

WOW - WHAT NEWS!!!! This seems like it is an honor to be offered an Asst Mgr position. This absolutely is terrible!!!

Updates on CoManager offers!! Anything else please post.

Displaced co here, 9 years in. Not only did I get robbed of any possible reinstatement or transfer or even bumping down to assistant, I just found out my wm stock purchase got basically stolen by the company. Its over 70 k they're playing like they don't know what I'm talking about. Calling a lawyer today, I can't believe what walmart has turned into

Got my call today. Sounds about the same as one of the ones above. An hour away with a pay cut as an ASM. I’m saying I want to stay with the company but be closer to home. I was specifically told that I could turn this down and would still be in the transition process until March 30. Was pretty much being read off of a script as far as I could tell.

Got my call today will see tomorrow what happens.

I got my call a bit ago they offered me an assistants spot 48 miles away and cut my pay to 55,000. I told them I would think about it but seriously don't know what to do. Any advice???

We lost a co that has been with company 26 yrs. He was told he was not going to be offered another position and would receive severance. No option to take another position. He worked circles around the co that was younger and best buds with SM. She kept her job and is getting 5% raise. I dont understand why they are letting knowledgeable co's go and keeping the lazy ones that hide in the office all day.

Placement for Co or ASM ?

It’s all a formality. They are basically not Keeping any displaced co for the most part unless you are part of the good ol boys crew. Just take your 60 days pay and severance and be done with it. Just a heads up

Some of the displaced cos in my market are starting to get placement calls today.

I am a co or was...anyway here I am a month later and still haven't heard anything. My store manager knows nothing or says he doesn't. This company makes me sick right now.

If any of the markets had any co manager positions that were not accepted they posted the openings last week and interviews are this week. They have until Monday to notify the ones they are placing in those spots. Then they will start the ASM spots.

My spouse just got a call from their (former) MM. Even though they passed the "eval" that was given they apparently didn't pass it by "enough" and as such they won't be retained. Frankly, we're happy as they've had some good interviews already and we'll get the severance to boot.

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Post ID: @wsum+RfIyZGR

I hope all understand that these cuts and restructuring will last over the duration of this year. Various dept mgr positions and more to come.

Issues have hit now with management staffing, it was expected that the Comgrs would take Asst mgr positions to fill vacancies. Not even half reapplied, and instead have opted to take the money and run. Smart move. Left extreme shortages of management positions. This will continue into the future.

More to come as assistant managers have just had all evaluations keyed into the system, and have been rated Green, Yellow, and Red, by the store managers and pushed up to the market. As the evaluation process comes some will be let go for performance, get ready, get ready, GET READY!!!!!!

Next on the block wil be Store Managers, same sort of move as Asst Mgrs, based off performance and metrics. If not met you are gone.

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Post ID: @uhnc+RfIyZGR

Who thinks they will actually get a Regional Req Asm position?

First of all, if you didn’t already do so, read what is posted on WalmartOne about how to transition. It contradicts a lot of what I was told in my meeting telling me I’m no longer a Co Manager. After thinking about it through many long sleepless nights I’ve accepted the fact that few, if any, Rstructured out Co Managers will be chosen for Asm positions. Every one in this same position should be job hunting elsewhere. If you do chose to attempt to be blessed with being chosen, apply for open positions, not just the Regional reqs. You may apply to up to 10 positions. You just have to answer YES to the are you a displaced associate question which probably puts the application in someone’s email trash. Good luck

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Post ID: @sfyi+RfIyZGR

Why all the new Co Mgr postings?

I've been displaced but recently noticed a lot of "new" Co Mgr positions posted.

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Post ID: @parl+RfIyZGR

One factor which no one is talking about, all market managers had to take a survey last September or October. The survey asked 25 to 30 questions and based on how they were answered played a huge role in what happened a few weeks ago. Another factor is your stores financials. If your store is not meeting or exceeding in the following: Sales, Profit, Shrink, CFF, and Turnover also played a factor in some of the decisions that were made. Managers were also reviewed based on how many promotions they have helped create over the past several years in their career. A manager who does not help people get promoted is not seen as valuable to the company. All I can tell you is that there were so many factors based on the decisions made. performance of individual managers was a small part of it but there were several other factors included in the decision-making process.

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Post ID: @okqa+RfIyZGR

I would not complain about not having BYOD.

BYOD is monitored by the Home Office, I would suggest that you use a completely separate device for business. Keep your business and personal communication separate.

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Post ID: @ocnn+RfIyZGR

Mine was removed today.

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Post ID: @oqvk+RfIyZGR

Does any ones byod work after today because of the lReconstruction

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Post ID: @nsvh+RfIyZGR

No news for co's til the 17th

So today co's that are off aren't getting any news until the 17th. One of the cos that went In today and signed papers saying how far they are willing to relocate. Then said we will let you know the week of the 17th.

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Post ID: @nlfy+RfIyZGR

Anyone who tries to challenge this legally will have their work cut out. Rest assured, Walmart's legal team devised this in such a way as to be virtually bullet proof. The main problem is that 40 states do not recognize the three major exceptions to at-will employment; bottom line, without a broken contract, there is pretty much nothing an ousted employee can do.

People may find a lawyer or firm that can finangle their job back, based on some overlooked technicality, but where will that get them? Back under the gun. That's no way to live.

Or the other option would be class action, and that usually requires at least 1,000 litigants. Let's say that actually works. What's the individual payout, after the 33% + taxes? P e a n u t s.

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Post ID: @nsln+RfIyZGR

Closed their eyes and threw darts! It was not based on talent or hard work in my husband's market. I have seen a pattern in his market though, that many of the Cos hired at the same time were let go. He has been one for over 8 years. He had plans to move up but there were not many options in our area. Stores planned to be built were cancelled. Store mangers with poor managed stores still in their positions. Co managers in poor managed stores still kept their jobs. Im telling you..eyes closed...and darts. ;) Good luck on your new future. This is a big adjustment to our families but there has to be more in store for all these COs who worked hard and were waiting for their chance to have a store. Right now he is enjoying time with his family after years of spending more time with his Walmart family. He had been with the company over 18 years. There is no way he would step down to an assistant. On to bigger and better things.

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Post ID: @mjsp+RfIyZGR

I'm curious myself..because all I was told was it was rated by ability.

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Post ID: @mads+RfIyZGR

What was the criteria used when rating the cos? We questioned the market team and were told a canned answer that a “fair and consistent system was used”. Well, what was it? It wasn’t evals, willingness to relocate, seniority, etc because I know many fellow cos with exceeds with evals, had open availability to move, were with Walmart 10 plus years, and we’re putting for store manager jobs. Does anyone know what this system was that was used????

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Post ID: @lhen+RfIyZGR

The ASM will be judged next. They have got to make room for the displaced Co’s that choose to opt into the RASM rec. I feel the company may have overshot. The Co Managers stepped away in larger numbers than expected, took the 60 Days with pay to look for a job and severance. Stepping down to ASM and performing Co responsibities at 10/15 thoushsnd dollats less was not a good choice for some and others had no choice. For the ASM’s they will get the same treatment as the Co’s. The evaluation timelines have already changed for them. They may not get severance, just asked to leave. The Co’s will take those positions and perform at a higher standard and the expectation will raise for the others. For the ones who stay it will be a hard transition training the Co to be the Co you used to be.

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Post ID: @kego+RfIyZGR

Displaced Comanagers: Regional Selection

Does anyone know when interviews are to begin or any details on how this is going to go down?

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Post ID: @kxam+RfIyZGR

Why it pays to quit

Sometimes, it pays to leave a job willingly rather than hold off until your company lets you go -- namely, because you might have an easier time selling yourself during the interview process. When workers get laid off, they tend to approach interviews with less confidence, even though they often aren't to blame for their circumstances. But no matter what sort of position you interview for, you can pretty much expect to be asked why you left your last job. And generally, it's more comfortable to state that you made the conscious decision to move on rather than admit that you were let go, even if not for cause.

Along these lines, quitting on your own terms might allow for a smoother transition emotionally. When leave voluntarily, you take control of the situation rather than wind up a victim. And that might help you approach your job search from a place of empowerment rather than desperation.

Why it pays to wait to get laid off

Clearly, there's a pretty good argument for quitting a job that seems to be going downhill rather than anxiously anticipating a layoff. But one thing you need to remember is that when leave a job willingly, you're not entitled to severance pay or unemployment benefits. The latter can really make a difference financially, because in most cases, you can collect up to 26 weeks' worth of unemployment provided you meet the associated criteria. Now your unemployment checks won't replace your former paychecks entirely, but if you're a low to middle earner, they'll do a decent good job of helping you stay afloat. And that's reason enough to wait for your company to let you go rather than jump ship of your own volition.

Not only will having extra income from severance or unemployment benefits help you keep up with your bills while you're out of work, but it might also prevent you from taking the wrong job. Think about it: If you're stressed about money, you might rush to accept the first offer that comes your way. But if you have a little financial breathing room, you can take your time with your search and approach it from a more level-headed perspective.

What's the right call for you?

When it comes to quitting versus getting laid off, there's really no right or wrong answer. Though leaving on your own terms might make you feel better about the situation, you might lose out financially if you go that route.

Speaking of which, your finances should absolutely play a role in your decision. If you have a healthy level of savings, then you may not care as much about forgoing unemployment and severance. On the other hand, if you have little money in the bank and will no doubt struggle to pay the bills once your paychecks disappear, you may be better off letting your company call the shots and snagging some extra cash in the process -- even if it does constitute a blow to your ego.

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Post ID: @jglm+RfIyZGR

We have a co-manager that survived this restructure that was one that made it thru the "buddy system". Its terrible, she walks around bragging to the $11/hr employees that she makes well over $100k a year. Also has no value in her employees whatsoever. But she has been in the company for 16 years so she has said she's "untouchable". Was trully hoping this restructure would take care of her but no. Intead we loose a co that actually cared and valued his employees. Also rumors of this co that we kept having relations with the store manager. Maybe there's truth to it. Just puts the wrong taste in peoples mouths having a co-manager like her.

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Post ID: @jhrh+RfIyZGR

Those of you who are let go with severance will realize that you are the lucky ones. Lots of better companies out there expanding. Companies that actually have merchandising plans and nicer, more competent people. Walmart is just chaos. No merchandising plan. Bentonville orders displays, no plan to merchandise, Cos don't communicate with each other or assistants.

The ones that ought to be sweating now are the store managers. If the plan is to groom Co for store management that means the store manager had better perform or get the ax. Cos who don't live up to expectation - no severance for you.

Keep your nose clean another few weeks, smile and then take the money and run, don't look back.

BTW I recently heard a rumor from a local business person that Supercenters will be going away. Just a rumor, but....

@Rv7bYkY-2ioj

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Post ID: @idjv+RfIyZGR

They are getting rid of dead weight the CoMgrs that been in the position for years first come first to go that's why those that are new to the position were kept, now any who get the CoMgr position will have it for 2 years it's meant to be a transition period meaning getting a person ready for their own store. So in the long run the good CoMgrs will become the next Store Managers and maybe we will see some of the BS Store Managers gone.

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Post ID: @ijxy+RfIyZGR

Is there some company helping you find your next job? I thought that was part of the benefits. Who is it because I figure I will need it next.

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Post ID: @ibsy+RfIyZGR

Severance

Been employed for 10 years, I am getting 23 weeks PAID out at end of march AND, I am on paid leave for Feb and March while I search for another job. All benefits remain the same during paid leave, including eligible for the yearly bonus. Not too shabby.

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Post ID: @irqq+RfIyZGR

If Co's are to get ASM positions why are they promoting Support and Dm's right now while they tell us we have a chance to get a job? I know the support in my store just was accepted into the ASM Program but does not know what store they are going to yet.

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Post ID: @hafu+RfIyZGR

Do I lose my severance pay

If I opt into the Asst Mgr requisition and I am offered a position, and turn it down?

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Post ID: @hezb+RfIyZGR

Severance package

Does anyone know what kind of severance package is being given?

The policy states that you get 2 weeks pay for every year of service plus 1 week for every 20k in salary. So if you worked for them for 10 years making 60k a year you would get 23 weeks of pay.

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Post ID: @hahc+RfIyZGR

The Store Manager waited until almost the end of the day and did not even read the talking points in our meeting. He made the APM read them, whom seemed nervous. The Store Manager cannot even be truthful with the associates in the store. I am surprised that he did not have the real Store Mgr read them, Co-Manager Gl.r.a, everyone here knows that she really runs the store and by the way is staying in role here, she is clueless.

What a loser, when is the Company going to release this Store Manager? Probably never since he and the Market Manager are buddies.

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Post ID: @hskm+RfIyZGR

I can think of two co managers in store #2728 who I fervently hope, I mean hope and like a kid waiting on Santa's toys hopes, got this diabolical rectal therapy.

One of them is a socio-pathic bald faced liar who invents cases to put on employees he simply doesn't like, fires them, and then tries to personally fight their unemployment. The other is a serious card-carrying brain dead dingbat who struggles with basic math, leaves her unfinished work on her peers, and only got her job in the first place because of her gender and skin tone.

Some of you are thnking this is much too harsh; many others of you are nodding your heads furiously and imagining a few co managers YOU feel this way about.

Maybe we'll all end up having something good to celebrate ~ ~ ~

@RvinxVm-1nsa

It’s because younger people get f---ed over by being paid a lot less then older people. That’s why the fire the older people.

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Post ID: @hcyv+RfIyZGR

"""Bothered ""

No one knew the reason they were let go they thought it was restructure they was a script a manager had to read so why did a ""manager """ say in a meeting of the morning that co were comfortable that is why they were let go how dare this statement be made in a"" meeting" why are the "let go manager""being disrespected? thought it was restructure so long years of service terminated people then why are ""managers running store" 15 years and up below standard keeping their positions. As""managers"" well the people that stayed and have to get a store in2years ig will be your store they get so how odd the person you kept will run your store and lets see how they announce your departure.

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Post ID: @heqk+RfIyZGR

We just lost our Co-Managers last week in my market. They did not offer them all the chance to re-apply or go down to Assistant managers as Walmart propaganda states. Despite what Walmart is saying, store sales are up but customer service is down. We have way less associates to assist our customer base. Employee attitudes in our market among the Salaried members and hourly associates is horrible and IT WILL GET WORSE. This is not Sam Waltons company and current brass is gutting the company either for share holders or to purchase more small companies. This all comes on the backs of some great associates. SO Sad

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Post ID: @hknw+RfIyZGR

"Recreational job" responder about the drug testing ,thank you. Probably an obscure question given all the pain that's being talked about here but one that needed to be asked. Wish I could have found written policy about it earlier. It is one of the many potential career changes being explored if I do take the severance and Invest my skills elsewhere. Not to get off topic as this gut punch is traumatic and very self effacing. Someone earlier commented stop hating yourself about this, and they're right. Got some real thinking to do about whether this is the time to go in another career direction.

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Post ID: @ggau+RfIyZGR

You can be drug tested anytime as a salaried manager. As to being drug tested that would be NO. They would only do a background check in the case of selling firearms, and only if you have not been vetted. Maybe it is time for you to move on to a more recreational job.

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Post ID: @gnup+RfIyZGR

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