McDonald’s had said in January that it would cut jobs as part of a broader restructuring.
Walmart joins a growing list of retailers, including Amazon and Target, that are cutting costs.
PepsiCo is eliminating hundreds of jobs in North American workforce, according to the Wall Street Journal.
CNN laid off hundreds of employees across the company Thursday, the culmination of a six-month business review from new CEO Chris Licht.
Deal cycles have been lengthening as top executives weigh in to be more careful about spending, Salesforce co-CEO Marc Benioff said in August.
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