WHAS: Walmart laid off 450 employees at its headquarters in Bentonville, Ark., Friday as part of a plan to increase its competitive edge.
The cuts were announced in an internal memo sent to both Walmart and Sam’s Club employees by Walmart CEO Doug McMillon. The cuts apply across the organization, to people in salaried, management positions, said Walmart spokesman Greg Hitt. Walmart has more than 18,000 employees at its headquarters. more