Monday, July 24, 2017

Walmart lays off 38 Puerto Rico headquarters employees

By on February 21, 2017

MIAMI, FL - AUGUST 18: A Walmart cart is seen on August 18, 2015 in Miami, Florida. Walmart announced today that earnings fell in the second quarter due to currency fluctuations and the retailer's investment in employee wages and training. (Photo by Joe Raedle/Getty Images)

(Photo by Joe Raedle/Getty Images)

SAN JUAN – After a change in its business structure, multinational retailer Walmart has laid off 38 of its nearly 4oo employees from company’s central offices in Puerto Rico.

The information was confirmed to Caribbean Business by Walmart Puerto Rico Corporate Affairs Director Iván Báez, who said that affected associates belonged primarily to the company’s marketing and promotions departments.

Báez explained that “there have made some changes in the organizational structure of our administrative offices, consistent with changes made at U.S. central and regional offices during the past few weeks”; thus, several positions have been eliminated. “These organizational changes will allow a faster and efficient service structure from our headquarters to our stores and customers,” he assured.

The Corporative Affairs director explained that the layoffs “don’t reflect a significant impact on the business,” which employs 14,500 workers on the island, and invests more than $500 million annually in products made in Puerto Rico.

In addition, he said the affected employees will be provided with the opportunity “to move to other positions” in Puerto Rico or stateside, as well as receiving a “benefits package and additional support alternatives.” The Walmart official assured that the labor law’s reform won’t affect the relocated employees.

“They will keep their current benefits. The Labor Reform is prospective. Once they are interviewed and they change ranks, they have to fulfill the position’s requirements, but general benefits will be the same,” he maintained.

The company has 48 stores in Puerto Rico, including Walmart, Sam’s Club and Amigo Supermarket locations.

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