Walmart is laying off corporate employees
CNN
Walmart is laying off about 200 corporate employees, a person familiar with the matter told CNN, in a move that comes days after the retail giant issued a rare profit warning.
In a statement, Walmart confirmed it is "updating our structure and evolving select roles to provide clarity and better position the company for a strong future."
Walmart, the largest US retailer, noted it is still investing and adding jobs in key areas such as e-commerce, advertising and supply chain.
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