Walmart is facing inflation, overstock, and overstaffing - Business Insider


8/7/2022 12:00:00 AM2 years 8 months ago
by Áine Cain, Ben Tobin

Walmart CEO Doug McMillon previously sounded the alarm for investors on issues around overstaffing and inflation.

Walmart made a major splash Monday when it laid off around 200 corporate employees a move that indicates the retail giant is pivoting to deal with declining profits and an uncertain economic climate.… [+4086 chars]

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