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Walmart Laying Off 2,300 Sam’s Club Workers

Whoa. January is normally bad for retail, but I wonder if there’s a larger economic trend here.

Consumerist

In a move intended to thin the herd of too many assistant managers, Walmart announced over the weekend that it will be laying off 2,300 employees of its Sam’s Club warehouse stores, and that about half of those being let go are salaried assistant managers.

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