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Market
Walmart stock price drops by over 5% by May 2024?
5
Resolution / Starting Odds
Yes • 50%
No • 50%
Financial market data accessible through platforms like Bloomberg or Yahoo Finance.
Story
Walmart to Shut 51 Health Centers, Cut 1,500 Jobs in Six States
Apr 30, 2024, 12:57 PM
Walmart has announced the closure of all 51 of its health centers and its virtual care services across six states in the United States. The decision, attributed to unsustainable rising costs and challenging reimbursement rates, marks the end of the retail giant's attempt to integrate healthcare services into its stores. The closures will affect operations and result in approximately 1,500 job cuts. Walmart has not provided specific dates for the closures but plans to release more information soon.
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