» Subscribe Today!
The Power of Information
Home
The Ledger - EST. 1978 - Nashville Edition
X

Forgot your password?
Skip Navigation LinksHome > Article
VOL. 42 | NO. 4 | Friday, January 26, 2018

Walmart layoffs at home office to cost up to 499 their jobs

Print | Front Page | Email this story

BENTONVILLE, Ark. (AP) — Walmart, the world's largest retailer, is laying off workers at its Arkansas headquarters this week.

The company is trimming jobs in its global business, finance, human resources, merchandise, real estate and technology divisions.

Bentonville Mayor Bob McCaslin's office said Thursday that there would be fewer than 500 total job losses at Walmart's home office.

Walmart spokesman Randy Hargrove says the company is "restructuring and streamlining" its teams before its fiscal year ends next Wednesday.

Some workers in the marketing division were laid off Wednesday and Hargrove says there will be a small number of layoffs Friday if the cuts aren't completed Thursday.

The company will pay dismissed workers up to 60 days' pay and help them find new jobs. Hargrove says eligible employees will also still receive their fiscal year-end bonus.

Follow us on Facebook, Twitter & RSS:
Sign-Up For Our FREE email edition
Get the news first with our free weekly email
Name
Email  
TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0