Wal­mart to off-load 570 of­fice work­ers onto out­side com­pany

The Western Star - - 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.

Work­ers who de­cline the move will get 60 days with pay to search for other jobs.

Wal­mart Vice-Pres­i­dent Clay John­son says the move will al­low the re­tailer’s glob­al­busi­ness ser­vices di­vi­sion to move its op­er­a­tions more into dig­i­tal tech­nol­ogy.

Gen­pact de­scribes it­self as a global pro­fes­sional ser­vices com­pany with more than 70 of­fices world­wide.

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