Walmart is eliminating 2,300 workers at its Sam's Club division as it reduces the ranks of middle managers in a bid to be more nimble.
The layoffs, which cut 2 percent of the membership club's employee count of about 116,000, mark the largest since 2010, when the Sam's Club unit laid off 10,000 workers as it moved to out-source food demonstrations at its stores.
Bill Durling, a spokesman at Sam's Club, says that a little less than half of the cuts were aimed at salaried assistant managers. It is also eliminating some hourly workers.
The cuts come as Sam's Club battles low-cost competitors such as Costco and online players like Amazon's Prime membership service.
Sam's Club said employees will continue to collect salaries for 60 days while they reapply for other jobs at the company. It will offer severance packages to those unable to find other positions by March.
The job cuts are the latest in a string of layoffs announced this month to hit retailers affected by the weak holiday shopping season.
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