Wal-Mart to cut hundreds of jobs
Wal-Mart Stores Inc plans to cut about 500 jobs. A weak financial and economic climate has led to a significant drop in consumer buying causing a proportionate decline in corporate earnings.
And even as workers the world over shiver with fear, economists believe that more jobs may be lost over the next few months as major global economies experience a slowdown.
Image: Wal-Mart customers enter the store in Oakland, California. | Photograph: Justin Sullivan/Getty Images
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