Walmart cuts employees’ hours following wage increase

The retail giant said some stores had overscheduled their workers, and is cracking down on excess time.

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The retail giant is investing $1 billion on higher wages and more training for employees, which is prompting execs to tighten the belt elsewhere.

One Walmart spokesman told Fortune that some stores were “significantly over” on employee scheduling based on those locations’ sales numbers.

“The reductions won’t affect efforts to better staff stores, shorten checkout lines and improve cleanliness and stocking,” the rep said.

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