Walmart Corporate Layoffs Add To Signs Of Slowing Job Market

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

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

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

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

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

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

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

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

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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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