Around the Net
Wal-Mart Fires 30 Senior China Executives
- Business Insider, Tuesday, December 2, 2014 8:04 AM
Wal-Mart Stores said it has dismissed several executives in China as part of an effort to lower its operational costs there as it deals with competition and slower sales. Spokesperson Brooke Buchanan said several executives were let go to help "create a more efficient structure that positions our business competitively for the future." Reportedly around 30 senior Wal-Mart China and Sam's Club China brass had been dismissed.
