Wal-Mart to Cut Hundreds of Jobs: Sources - NBC New York
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Wal-Mart to Cut Hundreds of Jobs: Sources

Many of the layoffs will hit human resources workers



    Wal-Mart to Cut Hundreds of Jobs: Sources
    Getty Images
    File - A Wal-Mart sign in Miami, Florida.

    Wal-Mart Stores will be giving hundreds of additional workers pink slips as the discount retailer prepares a fresh round of job cuts, sources familiar with the matter told CNBC.

    The layoffs were first reported by the Wall Street Journal. The cuts would affect both regional workers and employees at the company's headquarters, sources told the Journal.

    They added that many of the layoffs will impact its human resources department.

    In a statement to CNBC, Wal-Mart said, "As we've previously shared, we are always looking for ways to operate more efficiently and effectively. While we continually look at our corporate structure, we have not made any announcements."