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Walmart India sheds management jobs in profitability push

Walmart India has cut executive jobs as it tries to carve out a path to profitability in the midst of an escalating battle for market share. A total of 56 management roles have gone, including eight in senior management, according to the company. Walmart India is struggling to expand its wholesale business and get to grips with new rules for foreign-owned retailers introduced by Narendra Modi’s government. Read More...

Walmart India has cut executive jobs as it tries to carve out a path to profitability in the midst of an escalating battle for market share. A total of 56 management roles have gone, including eight in senior management, according to the company. Walmart India is struggling to expand its wholesale business and get to grips with new rules for foreign-owned retailers introduced by Narendra Modi’s government.

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