Walmart Inc. (NYSE:WMT) will eliminate or relocate 1,000 corporate workers as part of its plan to combine its global technology and product teams to boost efficiency.
According to the Wall Street Journal report, the shift is tied to a broader effort to tighten internal coordination and place more teams inside the company’s main office locations.
Job Restructuring Plan
A memo from Daniel Danker, head of global AI acceleration, and Suresh Kumar, head of global technology, said some groups were tackling overlapping work, and that impacted employees can seek other openings inside the company. “In some cases, we’ve had different teams working on similar problems,” Danker and Kumar wrote in the memo.
The retailer has frequently reduced its workforce in recent years to consolidate its units and move employees to its main corporate hubs, particularly its headquarters in Bentonville, Ark. (AR).
This time, many affected workers have been asked to relocate to Walmart’s headquarters in Bentonville or to offices in Northern California. Walmart employs about 1.6 million people in the U.S., with most in hourly roles.
Earlier this year, Walmart filed a layoff notice in N.J. (NJ) tied to plans to cut about 100 positions at its Hoboken offices.
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