Wal-Mart cutting hundreds of jobs

Wal-Mart is cutting hundreds of jobs, according to a Wall Street Journal report.

From Arkansas Business:

Many of the eliminations will affect Wal-Mart's human resources department, a large team that some senior executives believe should be more efficient or whose duties could be handled by outside consultants, the newspaper reported. Other departments could be affected as well, the report said.

"While we continually look at our corporate structure, we have not made any announcements," Wal-Mart spokesman Randy Hargrove said in an email.