Walmart Inc is cutting off hundreds of corporate jobs and is asking the remote workers to return to the offices, as per the sources familiar with the matter, cited by Wall Street Journal.
The news report suggested that the employees in smaller offices in Dallas, Atlanta, and Toronto are being requested to move to larger hubs, including Walmart’s corporate headquarters in Bentonville, Arkansas.
The world’s largest retailer and America’s biggest private employer, which has been running around 4,600 stores in the United States, has declared in the regulatory filings that it has employed approximately 2.1 million associates at the start of the year.
For the past one year, Walmart has been trying to downsize its workforce. Earlier in April 2023, the spokesperson for the retailer had said that the company sees around 65% of its stores to be serviced via automation by 2026.
In December 2022, Chief Executive Officer of Walmart, Doug McMillion, had stated to its investors that the automation will significantly reduce the time being spent by the workers in the back room of stores in order to sort the merchandise.
