Stock Market News

Walmart Reportedly Eyes Corporate Job Cuts in Restructuring Effort: WSJ

2022.08.04 00:41

Walmart Reportedly Eyes Corporate Job Cuts in Restructuring Effort: WSJ

Yasin Ebrahim

Investing.com — Walmart is reportedly eyeing hundreds of corporate job cuts as part of a restructuring plan to boost performance after warning on profit last week, the Wall Street Journal reported, citing unnamed sources. 

Walmart (NYSE:WMT) was down less than 1% in afterhours trading following the news. 

The re­tailer has started notifying em­ploy­ees in its Ben­tonville, Ark., head­quar­ters and other cor­po­rate of­fices of the re­struc­tur­ing, which will focus across several de­part­ments includ­ing mer­chan­dis­ing, global tech­nology and real-es­tate teams, the report said, citing the sources.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 81,440.82 3.35%
ethereum
Ethereum (ETH) $ 1,876.97 2.88%
tether
Tether (USDT) $ 0.999992 0.01%
xrp
XRP (XRP) $ 2.23 5.46%
bnb
BNB (BNB) $ 630.19 0.45%
solana
Solana (SOL) $ 123.27 4.05%
usd-coin
USDC (USDC) $ 1.00 0.00%
cardano
Cardano (ADA) $ 0.685715 5.21%
dogecoin
Dogecoin (DOGE) $ 0.163409 6.40%
tron
TRON (TRX) $ 0.225042 2.34%
staked-ether
Lido Staked Ether (STETH) $ 1,876.40 2.76%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 81,234.77 3.29%
the-open-network
Toncoin (TON) $ 3.62 4.41%
leo-token
LEO Token (LEO) $ 9.71 0.82%
chainlink
Chainlink (LINK) $ 13.51 3.19%
usds
USDS (USDS) $ 1.00 0.02%
stellar
Stellar (XLM) $ 0.265642 3.40%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,246.39 2.87%
pi-network
Pi Network (PI) $ 1.15 13.88%
hedera-hashgraph
Hedera (HBAR) $ 0.18293 5.06%
avalanche-2
Avalanche (AVAX) $ 18.40 1.83%
shiba-inu
Shiba Inu (SHIB) $ 0.000012 5.67%
sui
Sui (SUI) $ 2.25 3.77%
mantra-dao
MANTRA (OM) $ 6.91 0.71%
litecoin
Litecoin (LTC) $ 87.98 5.99%
bitcoin-cash
Bitcoin Cash (BCH) $ 331.67 2.76%
polkadot
Polkadot (DOT) $ 4.26 2.86%
bitget-token
Bitget Token (BGB) $ 4.56 2.44%
ethena-usde
Ethena USDe (USDE) $ 0.999889 0.02%
weth
WETH (WETH) $ 1,876.77 2.83%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.24%
hyperliquid
Hyperliquid (HYPE) $ 13.30 1.74%
whitebit
WhiteBIT Coin (WBT) $ 28.14 1.08%
wrapped-eeth
Wrapped eETH (WEETH) $ 1,993.76 2.78%
monero
Monero (XMR) $ 205.46 3.13%
uniswap
Uniswap (UNI) $ 6.12 2.93%
susds
sUSDS (SUSDS) $ 1.04 0.00%
dai
Dai (DAI) $ 0.999722 0.02%
aptos
Aptos (APT) $ 5.29 2.03%
okb
OKB (OKB) $ 50.43 0.66%
near
NEAR Protocol (NEAR) $ 2.51 4.52%
pepe
Pepe (PEPE) $ 0.000007 6.63%
mantle
Mantle (MNT) $ 0.804232 3.77%
internet-computer
Internet Computer (ICP) $ 5.62 5.60%
gatechain-token
Gate (GT) $ 21.61 1.51%
tokenize-xchange
Tokenize Xchange (TKX) $ 32.88 0.29%
ethereum-classic
Ethereum Classic (ETC) $ 17.28 3.82%
ondo-finance
Ondo (ONDO) $ 0.809465 7.46%
aave
Aave (AAVE) $ 165.37 4.86%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 81,464.83 3.31%