Walmart cutting 10,000 jobs at Sam's Club
Wal-Mart Stores Inc. said today it is cutting more than 10,000 jobs at Sam's Club, representing about 9 percent of the warehouse club operator's staff, as it outsources its product-sampling department to marketing company Shopper Events and eliminates another unit.
Sam's Club, the warehouse club division of Wal-Mart Stores Inc, said on Monday that its is closing 10 money-losing stores and that 1,500 jobs would be lost.