BENTONVILLE, Ark. (AP) — Walmart, the world's largest retailer, is laying off workers at its Arkansas headquarters this week.
The company is trimming jobs in its global business, finance, human resources, merchandise, real estate and technology divisions.
Bentonville Mayor Bob McCaslin's office said Thursday that there would be fewer than 500 total job losses at Walmart's home office.
Walmart spokesman Randy Hargrove says the company is "restructuring and streamlining" its teams before its fiscal year ends next Wednesday.
Some workers in the marketing division were laid off Wednesday and Hargrove says there will be a small number of layoffs Friday if the cuts aren't completed Thursday.
Latest videos
- N.C. Woman Murdered Husband's Co-Worker Because She Mistakenly Thought They Were Having an Affair People
- UN: deadlock over use of chemical weapons in Syrian civil war Euronews
- CIA Director: NKorea Closer to Nuclear Weapons Associated Press
- Report: Ivanka Trump Part Of Effort To Potentially Replace John Kelly GeoBeats
- Women's March Sets Its Sights On Ballot Box Associated Press
- Trump Arrives at Pentagon Amid Budget Battles Associated Press
- Catalan parliament holds first meeting, voting in separatist MP as speaker Euronews
- Biden: We're Undergoing 'A Battle For The Soul Of The Nation' GeoBeats
- Thousands evacuated as Philippine volcano nears eruption Euronews
- Legendary Musician Eric Clapton Says He Is Going Deaf Wibbitz
- James Franco Accused of Inappropriate Behavior By Five Women Entertainment Weekly
- Is an Oprah Presidency a “Slayed or Shade”? Essence
- House GOP Leaders Look Ahead to 2018 Agenda Associated Press
- Did Steve Bannon ever matter? Mic
- Nissan Brain-to-Vehicle technology redefines future of driving - Vehicle Prototype and Action Prediction Validation AutomotoTV
- Executive order targets gun shows Fox5
- Trump Mocks Kim Jong Un: My Nuclear Button is 'Much Bigger' Wibbitz
- Teen Kills Family in New Year's Eve Shooting Time
- Fire at Rooftop Mumbai Restaurant Leaves 15 Dead Associated Press
- Boiling Water Turns to Snow in Record N.H. Cold Associated Press
The company will pay dismissed workers up to 60 days' pay and help them find new jobs. Hargrove says eligible employees will also still receive their fiscal year-end bonus.