POSTED: 11:49 a.m. HST, Jan 27, 2014
LAST UPDATED: 02:19 p.m. HST, Jan 27, 2014
The 2,300 cuts at Sam's Club will affect approximately four workers per club on average, a company spokesman said.
Sam's Club, a division of Wal-Mart Stores Inc., is reducing its ranks of middle managers in an effort to be more nimble. The layoffs amount to 2 percent of its U.S. workforce of about 116,000.
The membership club is eliminating certain hourly positions, in some cases reducing the number of assistant managers, and creating new, more senior level positions, said Sam's Club spokesman Bill Durling.
Employees will be paid their regular salary for 60 days to give them time to apply for other openings at Sam's Club or Walmart. Workers unable to find new positions after 60 days will be eligible for severance.
"We're doing this to rebalance our resources more effectively across our clubs to align our structure more closely to the current and future revenue of each club," he said. "We know this is a difficult time for some of our associates and we're doing everything we can to treat them with the utmost care and respect."
Sam's Club has two Oahu stores on Keeaumoku Street and Pearl City.