OAN’s James Meyers
1:48 PM – Wednesday, May 15, 2024
Walmart announced on Tuesday that it’s planning to cut hundreds of jobs at its corporate headquarters and will relocate a majority of its U.S. and Canada-based remote employees to three offices.
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“We are asking the majority of associates working remotely, and the majority of associates within our offices in Dallas, Atlanta, and our Toronto Global Tech office, to relocate,” Donna Morris, Walmart’s chief people officer wrote in a memo to its US campus associates on Tuesday.
America’s largest private employer, with 2.1 million workers globally, stated that most of the relocations will be to its headquarters in Bentonville, Arkansas, while others will move to its offices in the San Francisco Bay Area or Hoboken, New Jersey.
In a memo sent to employees by Donna Morris, the company’s chief people officer, she announced that the decision to relocate employees and ask other remote staff to come back into the office was made to facilitate better innovation “and move even faster.”
“In addition, some parts of our business have made changes that will result in a reduction of several hundred campus roles,” Morris said in the memo. “While the overall numbers are small in percentage, we are focused on supporting each of our associates affected by these changes.”
“We also believe it helps strengthen our culture as well as grow and develop our associates,” she said in the memo.
The retail giant also said it was reducing “several hundred” roles in its headquarters due to new changes in some parts of its business, without elaborating further.
Meanwhile, Walmart is expected to report its latest quarterly earnings on Thursday. The announcement comes a month after Walmart said it was stopping all virtual healthcare services and was stopping all 51 of its healthcare centers in six states.
Walmart has also been surrounded by other turmoil as shoppers learned they could be entitled to almost $500 as part of a class-action lawsuit settlement by the retailer over allegations it overcharged consumers for certain products.
The retailer giant said it also had discussions with employees who were directly tied to the cuts and would work with them on the next steps forward.
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