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Walmart Closes 63 Sam's Clubs, Laying Off Thousands Of Workers

Walmart just announced it's raising their minimum wage to $11 an hour and handing out bonuses thanks to the new tax cuts.

Sadly, they're also closing 55 Sam's Club locations including the one in South Tampa. Everyone's speculating they announced the bonuses to cover up the fact that their closing a ton of stores.

The average Sam's Club store has about 175 employees so that means 11,000 people will be laid off.