Walmart Inc. (WMT) is cutting some store management jobs as it works to keep labor costs low while investing in higher wages and e-commerce efforts to fend off Amazon.com Inc, the Wall Street Journal reported citing people familiar with the matter
The retailer this week is eliminating two department manager positions in some of its 4,700 U.S. stores, including managers who oversee cellphone departments and online-grocery pickup areas, the report said.
The stores facing cuts have lower sales in those areas or will rely increasingly on contract workers from wireless carriers to sell cellphones, the Journal reported.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.