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Sam’s Club Will Layoff About 2,300 Employees

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sams' clubSam’s Club, the membership-only warehouse unit owned by Walmart, is laying off about 2,300 employees in its largest wave of job cuts in four years, the Wall Street Journal reports. It is one of several retail chains to announce steep job cuts in January.

The layoffs come amid an effort to compete with rival Costco and online competition like Amazon, which has its own club-like service called Amazon Prime. Assistant managers will comprise nearly half the layoffs as the unit looks to slim down its managerial staff.


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