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The Independent UK

National

James Liddell

Walmart’s Q1 profits triple to $5.1bn days after telling hundreds of workers to relocate or quit

Walmart Donna Morris

Getty Images

Walmart has tripled its quarterly profits to $5.1bn just days after announcing that “several hundred” employees were set to be laid off or subject to relocation.

The supermarket chain has released its highly-anticipated earnings report which showed that in-store sales and global e-commerce have boomed in the past year.

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One subscription that gives you access to news from hundreds of sites

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