Wal-Mart cutting 700 jobs at headquarters

? Wal-Mart Stores Inc. will cut 700 to 800 jobs at its Arkansas headquarters as it builds fewer new stores this year and makes other operational changes, the world’s largest retailer announced Tuesday.

The cuts are in Wal-Mart’s real estate, apparel and health and wellness departments, spokesman David Tovar said. Wal-Mart would not say how many jobs will be cut in each segment.

Tovar said employees will be told of the cuts in the next couple of weeks and there was no immediate plan to make other positions within Wal-Mart available to them.

But he said the company also plans to add jobs at its New York apparel office and expects “to add thousands of jobs” at Wal-Mart stores and Sam’s Club warehouses this year — a figure that includes hires at new stores.