The Traderszone Network

Published in TZ Latest News 30 September, 2015 by The TZ Newswire Staff

Wal-Mart to cut hundreds of jobs at headquarters

Fewer than 500 employees are expected to lose their jobs and an announcement could be made as early as this Friday, according to one of sources, who declined to be named because the move had not been made public. Wal-Mart declined to comment. The cuts will make up a small portion of the more than 18,000 people employed at the Bentonville, Arkansas office but fit in with a streamlining effort that has been flagged by Chief Executive Doug McMillon in recent months.