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Stock impact report

Walmart lays off 155 workers in Charlotte as retail giant shifts business strategy [Yahoo! Finance]

Walmart Inc. (WMT) 
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Company Research Source: Yahoo! Finance
The layoffs affect workers at Walmart's southwest Charlotte regional corporate office at 2118 Water Ridge Parkway , according to a Worker Adjustment and Retraining Notification Act (WARN) filed Thursday with the North Carolina Department of Commerce . The layoffs are effective Sept. 20. The job cuts are due to “recent changes to Walmart's business strategy,” human resources officer Maren Waggoner said in the notice addressed to the state, Mayor Vi Lyles and Mecklenburg County Chairman George Dunlap. All of the affected employees may apply for positions at other Walmart facilities, according to the notice. Walmart officials did not immediately respond Tuesday to requests for comment. Last month, the Bentonville, Arkansas-based retail giant said it would lay off several hundreds workers as part of office consolidation requiring office workers in Dallas, Texas, Atlanta and Toronto to relocate to Bentonville, Hoboken, New Jersey, or the San Francisco area. Walmart in the Charlott Show less Read more
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