Wal-Mart Cuts 700 HQ Jobs
February 23, 2009,
Merchandising, marketing, real estate and support jobs here have been cut — between 700 and 800 received their pink slips on February 10 as Wal-Mart Stores Inc. made reductions it said fit its strategic goals.
Linda Heffner remains as evp home. Tovar noted that the positions eliminated range from buyer up through most levels, but not into the vice president level. Walmart U.S., Sam's Club, and Wal-Mart Stores Inc. corporate staff each took their share of position cuts.
Tovar emphasized that Wal-Mart still will hire new employees "in the tens of thousands" during 2009 — the company added 33,800 jobs in the U.S. last year — and plans to open 125 to 140 new stores in the U.S., mainly supercenters. He told HTT, "Our store and club growth plans are still the same."
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