Walmart one of the nation's largest employers, is undergoing the process of restructuring and layoffs, as a

restructuring and layoffs, as a further indication of an easing in the job market and American economy.

Walmart explained the move as an effort to revamp the company. The company released a statement in which

spokesperson Jimmy Carter said the company is "updating our structure and evolving select roles to provide clarity

and better position the company for a strong future." It plans to invest more in e-commerce, technology health

and wellness, supply chain , and marketing sales. The announcement added, adding new roles for services to suppliers

An individual who is familiar with the layoffs, speaking under the condition that they remain anonymous due to not

being able to discuss the issue about 200 corporate jobs would be eliminated. Walmart employs approximately 1.6 million

The announcement comes as it is a time when the U.S. job market is slowing. Employers are slowing the rate of new

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