Wal-Mart to Cut 1,000 Office Jobs After Raising Store Worker Wages

Just one day after announcing that it would raise starting wages for its hourly workers, a report said Wal-Mart is planning to eliminate more than 1,000 jobs, mostly at its headquarters.

The cuts, which are expected to be completed this month, were reported by the Wall Street Journal. A Wal-Mart spokesperson would not confirm the planned cuts, but did say the company had been "looking at our structure for some time as we explore ways to operate more effectively."

In addition to the corporate...

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