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Wal-Mart Set To Lay Off Hundreds, Reports Say

January 11, 2017: 12:00 AM EST
Wal-Mart Stores Inc. is reportedly planning to lay off hundreds of employees in January 2017. Previously reported by The Wall Street Journal, the round of job cuts is expected to impact the retailer's human-resources department the most. Wal-Mart has been working to cut its operating costs, as it deals with rising e-commerce-related expenses and higher wages for its employees.
Molly Smith, "Wal-Mart Said to Be Cutting Hundreds of Workers This Month", Bloomberg, January 11, 2017, © BLOOMBERG L.P.
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