I don’t have any good numbers yet but my source tells me Wal-Mart has just instituted massive layoffs of regional and department district managers world wide. District managers have a 90 day severance package and are not allowed to reapply for any position within the company for 3 weeks. If they take a position with any other company within that time frame, they run the risk of losing the severance package.

As of yet, store managers are untouched. Speculation is that District Managers will be offered store manager positions for less pay and store managers will be offered District Manager positions at their current pay scale.

Developing…

Oilfieldguy

Oilfieldguy

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