Advertisement
Canada markets closed
  • S&P/TSX

    21,807.37
    +98.93 (+0.46%)
     
  • S&P 500

    4,967.23
    -43.89 (-0.88%)
     
  • DOW

    37,986.40
    +211.02 (+0.56%)
     
  • CAD/USD

    0.7275
    +0.0012 (+0.16%)
     
  • CRUDE OIL

    83.24
    +0.51 (+0.62%)
     
  • Bitcoin CAD

    87,590.40
    +4,835.73 (+5.84%)
     
  • CMC Crypto 200

    1,371.97
    +59.34 (+4.52%)
     
  • GOLD FUTURES

    2,406.70
    +8.70 (+0.36%)
     
  • RUSSELL 2000

    1,947.66
    +4.70 (+0.24%)
     
  • 10-Yr Bond

    4.6150
    -0.0320 (-0.69%)
     
  • NASDAQ

    15,282.01
    -319.49 (-2.05%)
     
  • VOLATILITY

    18.71
    +0.71 (+3.94%)
     
  • FTSE

    7,895.85
    +18.80 (+0.24%)
     
  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     
  • CAD/EUR

    0.6824
    +0.0003 (+0.04%)
     

Wal-Mart is cutting workers' hours after pay raise

walmart
walmart

(REUTERS/Jeff Mitchell)

Wal-Mart is reportedly cutting workers' hours following a highly-touted wage increase in April.

Employees are being asked to leave shifts early or take longer lunches to trim labor costs, Bloomberg reports based on information from more than three dozen Wal-Mart US workers.

At one Houston Wal-Mart, at least eight sales-floor associations and department managers were asked to leave early one afternoon, according to one employee who spoke to Bloomberg. The employee said her store has been tasked with trimming its labor by 200 hours per week.

Another Wal-Mart in Fort Worth, Texas, was told that the store needed to cut 1,500 hours, according to Bloomberg's report.

ADVERTISEMENT

Wal-Mart's labor costs have grown since April, when the retailer boosted its minimum wage in April to $9 an hour. Wal-Mart has also been adding more staff to the front of stores to improve customer service and cut down on theft.

Wal-Mart spokesman Kory Lundberg said the company is reducing hours, but the reductions only affect stores that have have been overstaffed.

"The reduction in hours is taking place only in locations where managers have overscheduled workers, staffing the store for more time than they’ve been allotted," Lundberg said. "The reductions won’t affect efforts to better staff stores, shorten checkout lines, and improve cleanliness and stocking."

NOW WATCH: This non-airbrushed lingerie campaign is trying to take Victoria's Secret down



More From Business Insider