Walmart dismisses 30 China executives in restructuring

Shanghai

WALMART Stores Inc, the world's largest retailer, dismissed about 30 senior executives in China amid a restructuring in Asia that includes store closures in Japan and management changes in India.

The departure of the executives, including directors and more senior staff, is to streamline and simplify the business and is "consistent with actions taken over the last several months", Ray Bracy, a spokesman for Walmart in China, said on Wednesday in reply to questions. A small number of the employees mutually agreed to leave, he said.