In a significant shift, Walmart is set to part ways with around 1,500 corporate employees as it embarks on a major restructuring initiative. This decision comes in response to the persistent challenges facing the retail industry, as the retail giant seeks to optimize its operations and boost overall efficiency.
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Phillips 66 has unveiled an exciting new chapter by agreeing to divest its majority stake in the retail marketing business across Germany and Austria. This strategic decision is a key part of the company’s mission to refine its operations and concentrate on its core markets, paving the way for future growth and innovation.