BUSINESS

Walmart Canada Layoffs Hit Employees At Head Office

11/18/2014 04:17 EST | Updated 01/19/2015 05:59 EST
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TORONTO - Walmart Canada has laid off 210 people, most at its head office in Mississauga, Ont., just west of Toronto.

The retail giant handed out the pink slips Tuesday, with both management and non-management positions affected.

It says the positions being eliminated are at the head office and its regional and district operations.

“The changes are designed to create a more efficient organizational structure as the company positions itself competitively for the future," Andrew Pelletier, vice-president of corporate affairs and sustainability, said in an emailed statement.

The company said it was offering severance packages and access to career counselling services to those being let go.

"It is difficult to say goodbye to colleagues who are affected by this change," he said. "We are extremely grateful for their contributions and will ensure they are treated with the respect and dignity they deserve."

Pelletier also noted that there are 1,600 employees at the company's head office, adding that the job losses account for just 0.3 per cent of Walmart Canada's total workforce of 95,000. None of the layoffs affect store-level positions.

Wal-Mart, the world's largest retailer, has been trying to boost sales at its stores, particularly in the U.S., as it faces increased competition from online retailers, dollar stores and drug stores.

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