Walmart cuts pharmacist pay, hours while workload piles up

Walmart is asking its pharmacists to take voluntary pay cuts and reduce working hours, in an effort to cut costs and address the drag on profits caused by high-priced weight-loss drugs and an opioid-related legal settlement.

cnbc.com

Relevant topic timeline:

9/7/2023

Walmart Changed its Starting Wage Policy. Labor Markets Are Loosening.

Walmart is lowering starting wages for some entry-level jobs, indicating a cooling labor market.

9/7/2023

Walmart Lowers Starting Wages for Some New Workers to Boost Staffing Consistency

Walmart is adjusting its pay scale to create consistency in starting hourly wages for new employees, except for those in higher skill set departments, in an effort to improve staffing and customer service, with no pay cuts for current employees.