WAL-MART PLANS LAYOFFS, MANAGEMENT CHANGES IN U.K.

LONDON -- Asda, Wal-Mart Stores' U.K. division, plans to lay off 1,400 workers in a bid to cut costs and regain its share of the intensely competitive British market.Some 200 management jobs will be phased out at the company's head office in Yorkshire, and 1,200 retail management positions at Asda stores will be cut in order to focus on frontline customer service. Asda employs 140,000 people and operates

LONDON -- Asda, Wal-Mart Stores' U.K. division, plans to lay off 1,400 workers in a bid to cut costs and regain its share of the intensely competitive British market.

Some 200 management jobs will be phased out at the company's head office in Yorkshire, and 1,200 retail management positions at Asda stores will be cut in order to focus on frontline customer service. Asda employs 140,000 people and operates 256 supermarkets in the United Kingdom.

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