Walmart laid off around 200 corporate employees one week after it cut its profit outlook.
The layoffs are a way to “better position the company for a strong future,” the company told CNBC. However, a Walmart spokesperson declined to comment to SeafoodSource on which divisions it is making cuts in, so it is unclear how its seafood merchandising and buying positions will be impacted.
Some Sam’s Club and Walmart seafood executives left ahead of the layoffs. Sam’s Club Fresh and Frozen Seafood…
Photo courtesy of William Howard/Shutterstock
