retail news in context, analysis with attitude

The San Francisco Business Times reports that Walmart plans to hire "hundreds of tech workers in the Bay Area" for its dot-com operations "as it tries to compete with Amazon Prime's free two-day shipping for online orders."

According to the story, " currently has 2,300 employees in the region. The new hires will come shortly after job cuts of about 175 workers across the Peninsula."

Those job cuts occurred last January when Marc Lore - who sold Jet to Walmart for $3.3 billion and then was put in charge of all of Walmart's internet operations - said that “while some roles are going away ... we’ll be investing in our business and adding new skillsets during the year.”

Six weeks ago, Walmart said it was ending its competitive response to Amazon Prime, a program called Shipping Pass that offered customers unlimited three-day shipping for a $49 annual fee. In its place, Walmart now offers free two-day shipping on two million SKUs as long as the order totals $35 or more.
KC's View:
Think of this as just one dispatch from the Walmart-Amazon wars, which are going to last a long time, and leave a lot of collateral damage.