Wal­mart to off­load 570 of­fice work­ers onto out­side com­pany

The Telegram (St. John’s) - - BUSINESS -

BEN­TONVILLE, Ark. - Wal­mart Inc. is trans­fer­ring 570 fi­nance and ac­count­ing em­ploy­ees at its Arkansas head­quar­ters to an out­side com­pany that will help man­age part of the re­tailer’s fi­nan­cial op­er­a­tions.

New York-based Gen­pact will hire all the work­ers who wish to make the move and will keep them in Ben­tonville, where Gen­pact is leas­ing a build­ing on Wal­mart’s cam­pus.

The Arkansas Demo­crat-gazette re­ports that em­ploy­ees were told of the move Thurs­day and that it will take ef­fect Nov. 28. It says a Wal­mart of­fi­cial said the com­pany made ev­ery ef­fort to en­sure the work­ers will have the same jobs at Gen­pact, with com­pa­ra­ble pay and ben­e­fits.

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