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Walmart’s Mass Layoffs Could Be the Canary in the Coal Mine
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This week, discount retailer Walmart (NYSE:WMT) conducted a series of layoffs, the scale of which is still unknown. You could forgive investors for glossing over the news as just another corporate belt-tightening, but considering Walmart has been one of the biggest beneficiaries of the pandemic, it’s a terrible sign for the future. [ link to www.ccn.com (secure)]
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