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Is Walmart in Trouble?
WMTWalmart(WMT) 24/7 Wall Street·2024-05-14 18:40

Is Walmart in Trouble? walmartcorporate / Flickr According to several media reports, Walmart Inc. (NYSE: WMT) is laying off workers. Most appear to work in offices, and the count is in the hundreds. Some people working remotely must return to the office or be fired. However, one media account mentioned Walmart’s plans to have 65% of its stores operating with some level of automation within less than two years. If the downsizing has not happened in this round of layoffs, it likely will soon.Walmart remains ...