Wal-Mart cuts hundreds of HQ jobs

CEO tells remaining employees, ‘retail is changing and we must change’

BY ANNE D’INNOCENZIO THE ASSOCIATED PRESS
NEW YORK
BUSINESS


Wal-Mart laid off 450 workers at its headquarters Friday as the world’s largest retailer attempts to become more nimble so it can better compete with the likes of Amazon.com. There are more than 18,000 people who work at the headquarters in...

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