Walmart Laying Off Corporate Employees in Sign of Slowing Job Market

Walmart Laying Off Corporate Employees in Sign of Slowing Job Market
A Walmart employee pushes grocery carts at a store in Miami, Fla., on Feb. 19, 2015. Joe Raedle/Getty Images
Katabella Roberts
Updated:
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Retail giant Walmart announced corporate layoffs this week, suggesting that the labor market could be slowing down as fears of a recession mount.

“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.
Katabella Roberts
Katabella Roberts
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Katabella Roberts is a news writer for The Epoch Times, focusing primarily on the United States, world, and business news.
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