Walmart reportedly cutting 1,000 corporate jobs: Retail news

Retail giant Wal-Mart Stores Inc. is reportedly cutting more than 1,000 corporate jobs.

The Wall Street Journal reported the retailer is cutting jobs at its headquarters, which comes as Walmart announced its store workers will receive raises and bonuses. Walmart employs more than 1.5 million people in the U.S., plans to cut more than 1,000 corporate jobs, people familiar with the matter told The Wall Street Journal.

“We’ve been looking at our structure for some time as we explore ways to operate more effectively,” a Wal-Mart spokesman told the WSJ, without confirming that job cuts are planned this month.

Sam’s Club, which is owned by Wal-Mart Stores Inc., suddenly shuttered 63 stores across the U.S. late last week. Two Sam’s Club stores in Cincinnati have permanently closed without notice. The Loveland store on Fields-Ertel Road and the Oakley store on Marburg Avenue both permanently closed Thursday, WCPO reported. No locations in the Dayton region have been impacted. Sam’s Club has locations in Dayton, Beavercreek and Centerville.

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