Wal-Mart cuts 50 jobs at Bentonville HQ

Wal-Mart Stores Inc. cut about 50 jobs from its headquarters in Bentonville, Ark.

KHOG-TV reports multiple departments were affected.

"February is the start of Wal-Mart's fiscal year, and it’s common for individual departments at the home office to make adjustments at this time of year to better support their and the company’s goals for the upcoming year. As part of these changes, a small number of departments did eliminate some positions. These decisions are never easy, and we are committed to doing the right thing for those affected. We believe these changes will help the company quickly adapt to meet the changing needs of our customers," company officials wrote in a statement.

Read more from KHOG-TV.