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Walmart to lay off nearly 600 finance workers

June 18, 2019

Walmart has been trimming its corporate and back-office operations in an effort to become a leaner business. Jobs in its corporate office and optical services were cut last year, for example.

The workers will be leaving the Charlotte office starting in September and continuing into March 2020, according to Walmart’s letter to the state, emailed to Retail Dive. Those staying on until then will receive a retention bonus, with the amount determined by position, according to the Walmart spokesperson. They will be eligible to find work at Walmart and Sam’s Club stores in the area, although the spokesperson didn’t say if those would be store associate positions or accounting positions. The retailer is also providing outplacement services, she said.

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