
Walmart greeter (NBC News video screenshot)
(ZEROHEDGE) – Over the next three months, hundreds of workers at five Walmart warehouses handling e-commerce orders will be laid off. This situation could be a worrisome indication that consumers are tapped out.
A Walmart spokesperson told Reuters about 200 warehouse workers in Pedricktown, New Jersey, and hundreds of others at Fort Worth, Texas; Chino, California; Davenport, Florida; and Bethlehem, Pennsylvania locations were asked to find new jobs before summer due to the need to reduce headcount.
Advertisement - story continues below
WND is now on Trump's Truth Social! Follow us @WNDNews
Layoffs at Walmart are considered an indicator of retail trends due to its size in the retail space, and might serve as a warning sign of potential economic turbulence ahead.
TRENDING: A contrarian Trump scenario for 2024