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 with the changes.
The reduction has been the norm for the retail giant who said a year ago it was continually looking for ways to run a leaner operation as it invests in e-commerce capabilities. Wal-Marts fiscal year ends Jan. 31 and the latest restructuring falls in line with the time frame when the company usually does scale back.
News of the pending layoff…
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