Springfield, MO

Log in Subscribe

Walmart lays off corporate staff members

Posted online

Walmart has begun laying off corporate employees after revising its profit outlook sharply downward a week ago.

A spokesperson said the layoffs would put the company in a better position for a strong future as shoppers begin to spend more on necessities like food and fuel.

With a glut of inventory piling up in Walmart stores, the company plans to cut prices to sell more of those items.

Read more from CNBC.


No comments on this story |
Please log in to add your comment
Editors' Pick
From the Ground Up: Mercy Clinic Family Medicine – South Creek

Mercy Springfield Communities is replacing its Mercy Clinic Family Medicine – South Creek building, located at 2711 S. Meadowbrook Ave., with a new building that is 1,500 square feet larger.

Most Read Poll