More layoffs on the way at Wal-Mart

BENTONVILLE, Ark. — Wal-Mart Stores will make hundreds of employees redundant, sources have told the Wall Street Journal, the latest in a series of cuts to expenses including the elimination of 7,000 back-office positions announced last fall. The latest round of layoffs will take effect for the most part by the end of the month, and will target human resources jobs at corporate headquarters and in regional offices, which executives looking to shift those roles out to consultants.