Walmart is cutting hundreds of corporate jobs, relocating majority of remote office staff
https://www.cnn.com/2024/05/14/business/walmart-layoff-corporate-workers/index.html
by BikkaZz
Walmart is cutting hundreds of corporate jobs, relocating majority of remote office staff
https://www.cnn.com/2024/05/14/business/walmart-layoff-corporate-workers/index.html
by BikkaZz
2 comments
“Walmart said Tuesday it is eliminating several hundred corporate jobs and will relocate most of its remaining remote office staff to its Bentonville, Arkansas, headquarters.
The relocation will impact the majority of workers in Walmart’s Dallas, Atlanta and Toronto offices. While most relocations will be to its Bentonville headquarters, some workers will be relocated to Walmart offices in the San Francisco Bay Area or to Hoboken, New Jersey, and the New York area.
Walmart is expected to report its latest quarterly earnings on Thursday. The latest round of layoffs at the world’s largest retailer comes close on the heels of Walmart’s announcement last month that it was exiting its virtual healthcare services and was shuttering all 51 of its healthcare centers in six states.”
The “hundreds of corporate jobs” will come from eliminating Toronto operations and running everything out of Bentonville. Everyone else is in the US and can either move or take a severance package.