Business

Walmart to Lay Off Corporate Staff and Relocate Employees

Walmart is making significant changes in its corporate structure, as reported by the Wall Street Journal. The retail giant is set to lay off hundreds of corporate staff and relocate many others. This move includes asking most remote workers to transition to working from offices.

Employees at Walmart’s smaller offices in Dallas, Atlanta, and Toronto are being requested to move to central hubs like the corporate headquarters in Bentonville, as well as locations in Hoboken or Southern California. Despite these changes, Walmart will still allow staff to work remotely part-time, with the condition that they spend the majority of their time in the office.

As of January 31, 2024, Walmart had approximately 2.1 million associates. The company has been actively working to reduce its workforce, with plans to have around 65% of its stores serviced by automation by the end of fiscal year 2026. In a previous move in February 2023, Walmart closed three of its U.S. technology hubs and required hundreds of employees to relocate to maintain their positions, emphasizing a shift towards more in-office work.

Despite the reported changes, Walmart has not yet responded to requests for comment from Reuters. The company’s ongoing restructuring efforts reflect a broader trend towards optimizing operations and adapting to evolving business landscapes.

LEAVE A RESPONSE

Your email address will not be published. Required fields are marked *