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Walmart looks to grow sales without significantly increasing headcount, FT says

Walmart (WMT) counted 2.165M staff worldwide at the end of last year, which is 70,000 fewer than five years ago, Gregory Meyer of The Financial Times reports. The company’s executives aim to grow sales 4% per year, but do not expect to increase headcount significantly. Wall Street analysts say the company’s expansion without job creation reflects its push into ecommerce and the automation of cumbersome tasks.

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