Tags: Wal-Mart | Corporate | Jobs | Workers

Wal-Mart to Eliminate 'Hundreds' of Corporate Jobs

Image: Wal-Mart to Eliminate 'Hundreds' of Corporate Jobs
(AP/Jeff Chiu)

Wednesday, 12 Apr 2017 07:47 AM

Wal-Mart Stores Inc. said it is eliminating more U.S. corporate jobs this month, even as it invests in improving its e-commerce operations and in regaining its low-cost pricing advantage in the U.S. retail sector.

Wal-Mart confirmed the latest round of job cuts, which will involve "hundreds" of positions in its international and technology businesses, along with its Sam's Club warehouse chain.

"As we said in January, to fuel our growth and our investments we have to manage our costs and our capital decisions with discipline," Wal-Mart spokesman Randy Hargrove said. "This means we will continue to find ways to operate more efficiently and effectively."

He gave no details on the number of positions to be eliminated.

The Wall Street Journal first reported the move on Tuesday.

Wal-Mart's job cuts started in 2016 when the retailer said it was eliminating 7,000 back-office positions and moving more of its workforce to the sales floor.

Earlier this year, Wal-Mart cut more than a 1,000 corporate positions, mostly in its human resources department.

© 2017 Thomson/Reuters. All rights reserved.

   
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Latest round of layoffs hits international side of business, technology and Sam’s Club
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2017-47-12
Wednesday, 12 Apr 2017 07:47 AM
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