More and more entry-level jobs are going away and that can’t be good for young people looking for their first jobs. Not just for the income it brings in, but for the experience.

CHANGE: Walmart says 65% of its stores will be serviced by ‘automation’ in the next three years – as it lays off 2,000 warehouse workers.

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It wasn’t immediately clear if the move would lead to more layoffs at the country’s biggest private employer, with about 1.7 million U.S. workers and another 60,000 abroad.

The company did however say that the moves would reduce the need for lower-paid roles.

‘As the changes are implemented across the business, one of the outcomes is roles that require less physical labor but have a higher rate of pay,’ the Bentonville, Arkansas-based retailer said in a filing.

 

h/t SG

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