Walmart to cut hundreds of corporate jobs in a restructuring effort after Tesla and Netflix
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In what can be seen as a restructuring effort, Walmart is planning to cut hundreds of corporate roles. According to reports, around 200 jobs are being cut. Sources also said that the retailer has notified employees in its Bentonville, Arkansas headquarters and other corporate offices of its restructuring move. The Walmart decision comes as several companies such as Tesla, Netflix, and Coinbase Global have also been cutting jobs.