Walmart lays off 56 employees in India; denies second round of downsizing in April

Walmart India on Monday said it is letting go 56 of its employees, including eight from senior management level, as part of its restructuring exercise.The company, which operates 28 cash-and-carry stores in the country, said it is looking at ways to operate more efficiently."We are also looking for ways to operate more efficiently, which requires us to review our corporate…
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