Report: Walmart planning 1,000 management job cuts | Arkansas Blog

Monday, July 13, 2015

Report: Walmart planning 1,000 management job cuts

Posted By on Mon, Jul 13, 2015 at 10:05 AM

click to enlarge images.jpg
Kim Souza of The City Wire reports, citing unnamed sources, that Walmart plans to cut up to 1,000 corporate headquarters jobs by Nov. 1, perhaps including up to 200 vice presidents. Some of the cuts will be through attrition.

It's said to be part of a push to move focus to the stores — where comparable store sales have been dull, in part because of competition, particularly on-line. There are no cash registers at company headquarters in Bentonville, CEO Doug McMillon has said. Other national retailers are also cutting jobs.

According to an economist quoted in the article, the job cut would be about 5 percent of the Bentonville HQ workforce.


From the ArkTimes store

Favorite

Comments (7)

Showing 1-7 of 7

Add a comment

 
Subscribe to this thread:
Showing 1-7 of 7

Add a comment

More by Max Brantley

  • When Johnny Reb comes marching to Hot Springs

    They are assembling for and against white supremacists symbols in Hot Springs today. Photographs by Brian Cnilsln of the Arkansas Times.
    • Aug 19, 2017
  • Dixie's Defenders and the scrapheap of history

    And you thought the Civil War was over. Supercharged by a neo-Nazi march in Charlottesville and Donald Trump's signal of sympathy, the Rebel remnants of America and assorted white supremacists, bigots and garden variety nuts have taken up arms in defense of symbols of the Lost Cause.
    • Aug 19, 2017
  • Inside the Charlottesville march with the neo-Nazis

    Vice has compiled a powerful documentary inside the white supremacist march that turned violent in Charlottesville last weekend.
    • Aug 19, 2017
  • More »

Readers also liked…

Most Shared

  • Take yourself there: Mavis Staples coming to LR for Central High performance

    Gospel and R&B singer and civil rights activist Mavis Staples, who has been inspiring fans with gospel-inflected freedom songs like "I'll Take You There" and "March Up Freedom's Highway" and the poignant "Oh What a Feeling" will come to Little Rock for the commemoration of the 60th anniversary of the desegregation of Central High.
  • Klan's president

    Everything that Donald Trump does — make that everything that he says — is calculated to thrill his lustiest disciples. But he is discovering that what was brilliant for a politician is a miscalculation for a president, because it deepens the chasm between him and most Americans.
  • On Charlottesville

    Watching the Charlottesville spectacle from halfway across the country, I confess that my first instinct was to raillery. Vanilla ISIS, somebody called this mob of would-be Nazis. A parade of love-deprived nerds marching bravely out of their parents' basements carrying tiki torches from Home Depot.

Most Viewed

Most Recent Comments

Blogroll

 

© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation