Walmart also has agreed to pay $3.1 billion as its share of an opioid-related legal settlement, which is adding to its legal costs this year.
For example, a pharmacist could go from an 80-hour, two-week pay period to one lasting 64 or 72 hours, said the source, who attended the meeting and spoke on condition of anonymity.
On average, the Bentonville, Arkansas-based retail chain pays its pharmacists more than $140,000 a year, excluding bonuses and incentives, according to Walmart.
Earlier this year, Walmart scaled back the operating hours of its pharmacies by two hours at more than 4,500 U.S. stores, amid a shortage of pharmacists and pharmacy technicians that began during the pandemic.
SHORTAGE OF PHARMACY TECHNICIANSThe underlying reason that chain drug stores like Walmart are scaling back pharmacists' hours is a shortage of pharmacy technicians, Hogue said.
Persons:
haven't, Davey Lavergne, Marilee McInnis, Michael Hogue, Hogue, Siddharth Cavale, Jonathan Oatis, Andy Sullivan
Organizations:
Walmart, Reuters, Dow Jones Industrial, Health, Wellness, American Pharmacists Association, Pharmacy Workforce Center, Pharmacy, Thomson
Locations:
Arkansas , Tennessee , Missouri , Alabama, Georgia, Florida, Louisiana, Bentonville , Arkansas, Washington, New York