Walmart Lays Off Hundreds of Corporate Workers - WSJ - The Wall Street Journal

The retailer is restructuring headquarters operations after warning of profit troubles last week as merchandise has piled up in its stores. Around 200 jobs are being cut.

Walmart is cutting hundreds of corporate roles in a restructuring effort, according to people familiar with the matter, a week after the retail giant warned of falling profits.The retailer began no… [+288 chars]

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