Walmart announces latest round of layoffs

Walmart sign
The latest cuts are part of the chain's increased efforts to trim expenses.

Walmart announced another round of layoffs, affecting both regional offices and headquarters, to be made before Jan. 31. A good portion of those positions are said to be human resources jobs, which may be filled by consultants. The latest cuts are part of the chain's increased efforts to trim expenses as Walmart has felt the pinch of wage hikes to store workers and its large investments in e-commerce efforts. (Fortune)

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