Wal-Mart, Sam’s Club Expected to Make Significant Corporate Job Cuts

Retail giant Wal-Mart Stores and its Sam’s Club division are in the process of cutting up to 1,000 corporate headquarter jobs by Nov. 1, according to several sources familiar with the situation. The cuts would happen through layoffs and attrition, and may include up to 200 vice presidents. Wal-Mart Stores didn't confirm nor deny the layoffs are planned and wouldn't provide a statement. This is the second local corporate layoff by the retail giant this year after about 50 positions were eliminated in February.