UPDATE 1-Thyssenkrupp shareholder criticises CEO, demands restructuring – Reuters

FRANKFURT (Reuters) – A major shareholder in Thyssenkrupp has criticized Chief Executive Heinrich Hiesinger for failing to achieve his own profit targets, raising tensions before the German industry groups annual meeting next Friday. Swedish investor Cevian reiterated its call to restructure Thyssenkrupp, in which it controls an 18 percent stake, piling pressure on Hiesinger as…

Another round of Wal-Mart corporate, store layoffs expected – KATV

by Talk Business & Politics More layoffs{ }expected at Wal-Mart. (KATV photo) LITTLE ROCK, Ar. (Talk Business & Politics) Wal-Mart Stores is again scaling back its corporate workforce as the retailer reportedly will eliminate its jewelry business and decrease the number of co-managers per store, and reduce areas such as direct-store-delivery receiving, according to persons familiar…