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Report: Wal-Mart to offer sick pay on first day out
Bentonville, Ark. – In a reversal of corporate policy that did not offer workers paid sick leave until their second day of absence, Wal-Mart Store Inc. is reportedly now allowing employees to collect sick pay on their first day of not reporting to work due to illness. According to the Wall Street Journal, the change in policy is part of a larger effort to improve employee morale.
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Report: Tesco may lay off 10,000 workers
London – Leading U.K. supermarket chain Tesco plc is reportedly considering laying off as many as 10,000 employees in response to poor profit performance. According to the Sunday Telegraph, Tesco may lay off up to 6,000 employees from its head office and 43 stores the retailer already announced it will close, and eliminate the rest by streamlining operations.
Jobs eliminated by streamlining would include executive positions. In January, Tesco said it would shutter 43 stores with as many as 2,000 resulting layoffs.
