Wal-Mart fires 11,200 workers from Sam’s Club

Mike Riggs Contributor
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Sam’s Club, the warehouse club division of Wal-Mart Stores Inc is cutting roughly 11,200 jobs, or about 10 percent of its workforce, as it outsources in-store product demonstrations and eliminates positions used to recruit new business members.

Sam’s Club Chief Executive Officer Brian Cornell said on Sunday that the retailer would outline charges associated with the job cuts in February, when it releases fourth-quarter results

Full Story: Wal-Mart Cuts 11,200 Jobs at Sam’s Club – Reuters