date:Jan 28, 2014
pay-per-hour workers and assistant manager positions. As part of the restructuring, any employees who are unable to find new positions at Sam's Club or Walmart will then be eligible for severance pay.
The announcement follows a string of job cuts by big retail players such as Macys, Target, J.C. Penney, and Sears.
Shares at Walmart fell by 0.19% in after-hours actions after dropping 0.72 per cent during regular trading following the news.