Wal-Mart Stores Inc is cutting 700 to 800 jobs at its Wal-Mart and Sam's Club home offices as the world's largest retailer looks to realign its corporate structure and reduce costs.
The discount retailer, which has roughly 14,000 employees at its home office in Bentonville, Arkansas, is eliminating jobs in merchandising, real estate and marketing in its Wal-Mart U.S. division, while cutting merchandising positions at its Sam's Club warehouse division.
At the same time, Wal-Mart will add new positions in operations that are taking on greater importance, spokesman David Tovar said on Tuesday.
Wednesday, February 11, 2009
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