In the midst of corporate restructuring, Walmart India removes 56 people

Walmart Inc's Indian arm could be in for some serious downsizing in the coming days as news emerges from the company's parting ways with 56 of its staff at Gurugram headquarters. Most of those who have been laid off are Vice President rank, although the list also contains lower-level employees. The pruning also takes place across functions and verticals including from the divisions of sourcing, agri-business, and fast-moving consumer g....