Walmart Stock in Focus As Retailer Reportedly Cutting Corporate Jobs

Key TakeawaysWalmart shares move into focus Tuesday after a report the retailing giant plans to cut hundreds of corporate roles and requests most remote workers come back to offices.The retailer will also require staff working out of smaller offices in Dallas, Atlanta, and Toronto to relocate to the retailing giant’s other central locations, such as its headquarters in Bentonville, Ark., according to the report from The Wall Street Journal.Walmart shares may find support around $55.50 from both a horizontal ...