Walmart cuts 200 corporate jobs as weak demand, bloated inventory weigh

Walmart Inc. is eliminating about 200 corporate jobs as it contends with rising costs, bloated inventories and weakening demand for general merchandise.

The cuts include staffers in last-mile delivery and merchandising, said people familiar with the matter, who asked not to be named because the matter is private. Walmart will also add an unspecified number of jobs in areas such as e-commerce, health and wellness, ad sales and supply chain, said one of the people.

“We’re updating our structure and evolving select roles to provide clarity and better position the company for a strong future,” the company said in an email Wednesday.