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Walmart announces layoffs amid lower profit forecasts | Fox Business

“We re updating our structure and evolving select roles to provide clarity and better position the company for a strong future,” a company spokesperson told FOX Business in a statement. “At the same time, we re further investing in key areas like eCommerce, technology, health & wellness, supply chain and advertising sales and creating new roles to support our growing number of services for our customers, suppliers and the business community.” 

via www.foxbusiness.com

Ooooooookay.