A New York City retailer that sells baby clothes, toys and baby furniture is closing about 30,500 jobs by May 2019, including all but 3,000 full-time positions.
Walmart announced in April that it would lay off an additional 30,200 employees by the year’s end, or about half of the company’s total workforce of more than 1 million.
The company said that it plans to cut its full- and part-time employees by more than 40 percent.
Walmarts spokeswoman Nicole Smith said the company will make permanent changes to its employee benefits and other benefits in an effort to better align with other retail companies in the industry.
She said the cuts would affect about 3,600 of the full- time and 1,600 part-timers, including those who have been with the company for at least five years.
Smith said the closures will not impact employees who are laid off for other reasons, such as retirement.
Walmarts parent company, United Parcel Service, said it will continue to offer benefits such as health care coverage and flexible scheduling plans to those who are not affected by the layoffs.