Walmart abruptly closing 63 Sam's Club stores, laying off thousands

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The letter from Steve Orloski, Sam's Club market manager, was sent to Armstead and James Manning, of the New Jersey Department and Workforce Development.

Walmart just announced that it plans to hand out thousands of pink slips across its corporate office, as well as at store-level.

The store will close to the public by January 26, Walmart spokeswoman Laura Ladd Poff said, offering no details on the number of employees at the location. "Closing clubs is never easy and we're committed to working with impacted members and associates through this transition".

The closures came on the same day that Walmart (which owns Sam's Club) announced it was raising starting hourly wages to $11, expanding employee benefits, and offering workers bonuses of up to $1,000.

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Sam's Club employees and its customers were not given advance notice of the cutbacks.

Further, employees who have worked with the company for an extended period of time will receive bonuses, with those who have worked there for over 20 years receiving a one-time $1,000 bonus.

Walmart also plans to slash about 3,500 store co-manager positions.

There are two Sam's Club stores in Montana - one in Billings and the other in Great Falls. The retail giant attributed the moves to the tax reform bill signed by President Donald Trump in December.

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