Wal-Mart Said to Be Cutting Hundreds of Workers This Month
- Job reduction reportedly focused on human-resources department
- Retailer has been slimming down operations as its costs mount
An employee pulls a forklift with display units at a Wal-Mart location in Los Angeles, California.
Photographer: Patrick T. Fallon/BloombergThis article is for subscribers only.
Wal-Mart Stores Inc. is making another round of job cuts as part of Chief Executive Officer Doug McMillon’s efforts to streamline operations, according to a person familiar with the situation.
The move will eliminate hundreds of positions this month, said the person, who asked not to be identified because the plan isn’t public. The Wall Street Journal previously reported on the layoffs, saying they would fall particularly hard on the human-resources department, which some executives feel should be outsourced.