OPERATIONS

Walmart laying off nearly 570 employees in outsourcing move

BY CSA Staff

Walmart is reducing the staff at its corporate office in Charlotte, N.C.

Walmart is outsourcing finance and accounting work to New York-based financial services firm Genpact in a move that will result in the layoff of 569 employees at its Charlotte facility. The layoffs will begin in September and continue into early 2020, Walmart said in a Worker Adjustment and Retraining Notification Act (WARN) notice filed with the state, reported The Charlotte Observer.

Walmart it has provided impacted employees with support, including outplacement services and benefits assistance, the report said.

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