Why is Walmart Laying Off So Many Workers?

by Michael Snyder
The Economic Collapse Blog

If brighter days are eventually coming for the U.S. economy, why would Walmart be so eager to lay off corporate employees? Of course the truth is that brighter days are not coming. Yesterday, I posted an article in which I listed 11 big companies that are laying off workers. After I completed that article, I discovered that Walmart is also letting people go. If a seemingly unshakable giant such as Walmart already feels compelled to eliminate jobs, what is the outlook for employees of companies that are far smaller and far weaker?

When Walmart announced that it would be laying off nearly 200 corporate employees, it rapidly made headlines all over the nation…

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