Wal-Mart cutting layer of management in stores: Bloomberg
Reuters
Published Apr 17, 2015 03:42PM ET
Updated Apr 17, 2015 03:52PM ET
Wal-Mart cutting layer of management in stores: Bloomberg
(Reuters) - Wal-Mart Stores Inc (NYSE:WMT), the world's largest retailer, is cutting the role of zone manager from its stores as part of efforts to simplify its operations, Bloomberg reported, citing people familiar with the matter.
The duties of zone manager, of which there are generally about six per store, will be transferred to other managers, Bloomberg said.
Wal-Mart did not immediately respond to a request for comment.
(reporting by Nathan Layne; Editing by Jonathan Oatis)
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