Original title: Walmart confirms it is laying off employees Source: Zhitong Finance

There are reports that Walmart has cut some jobs by merging its online and brick-and-mortar businesses in the US. Walmart confirmed on Thursday that it is laying off employees, but declined to say how many employees will lose their jobs. The company said it will share more details about the layoffs after informing employees. Walmart has made a series of organizational changes in recent months. In late February, the company merged the purchasing teams of physical stores and online businesses; in May, the company reached an agreement with ThredUp, a second-hand clothing and accessories website; in June, the company reached an agreement with Shopify to expand the range of products. (Zhitong Finance)