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Walmart Cuts 200 Corporate Jobs as Costs, Inventory Weigh

  • Last-mile, merchandising positions said to be among affected
  • Retail giant cut profit forecast last week amid spending shift
Updated on

Walmart Inc. is eliminating about 200 corporate jobs as it contends with rising costs, bloated inventories and weakening demand for general merchandise. 

The cuts include staffers in last-mile delivery and merchandising, said people familiar with the matter, who asked not to be named because the matter is private. Walmart will also add an unspecified number of jobs in areas such as e-commerce, health and wellness, ad sales and supply chain, said one of the people.