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Title: Walmart says 65% of its stores will be serviced by 'automation' in the next three years -
Source: [None]
URL Source: https://www.dailymail.co.uk/news/ar ... ed-automation-three-years.html
Published: Apr 6, 2023
Author: Staff
Post Date: 2023-04-06 09:01:19 by Horse
Keywords: None
Views: 32

as it lays off 2,000 warehouse workers

Walmart is hoping to have about 65 percent of its stores automated within the next three years, just days after revealing it would be laying off 2,000 employees who fulfill online orders.

The announcement came at the U.S. retail giant's annual investor meeting in Tamp as the business - with a net worth of $388 Billion at present - invests heavily in automation to speed up orders at its e-commerce fulfillment facilities.

It wasn't immediately clear if the move would lead to more layoffs at the country's biggest private employer, with about 1.7 million U.S. workers and another 60,000 abroad.

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