Wal-Mart tightens its belt
By Kleinheider Posted on February 12, 2009 at 7:56 amAnd sheds a few jobs:
Wal-Mart Stores Inc. will cut 700 to 800 jobs at its northwestern Arkansas headquarters as it builds fewer new stores this year and makes other operational changes, the world’s largest retailer announced Tuesday.
The cuts are in Wal-Mart’s real estate, apparel and health and wellness departments, spokesman David Tovar said. Wal-Mart would not say how many jobs will be cut in each segment.
Tags: layoffs, retail, Wal-Mart Stores Inc.
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