https://www.cnbc.com/video/2018/01/19/wall-street-keeps-wary-eye-on-possible-government-shutdown.html
Walmart is planning to cut over 1,000 corporate jobs, the Wall Street Journal reported Friday citing sources.
The layoffs, expected to be completed by Jan. 31, 2019, will focus largely on employees in its corporate headquarters, the report said
The news comes a day after a whirlwind Thursday for Walmart, when it announced in the morning it would be boosting its starting wage, just hours before news began to trickle out it was closing certain Sam's Clubs stores. The company confirmed the store closures by Thursday evening.
In all, more than 60 Sam's Club stores are closing.
Meantime, Walmart is also shaking up its management workforce, according to a report by Bloomberg. The report said the retailer is planning to remove about 3,500 store co-managers and adding 1,700 assistant store managers. The latter is a slightly lower-paid role.
Any ideas on what area at home office are going to get the axe? Or is it across the board?
https://www.cnbc.com/2018/01/12/walmart-is-reportedly-planning-to-cut-over-1000-corporate-jobs.html