Walmart is cutting hundreds of corporate jobs and asking remote workers to return to offices. The company’s chief people officer, Donna Morris, stated that this move will result in the reduction of several hundred campus roles. Employees in smaller offices in Atlanta, Dallas, and Toronto are being asked to relocate to bigger hubs, such as Bentonville, the San Francisco Bay Area, or Hoboken/New York. While remote work part-time will still be allowed, staff will be expected to be in offices the majority of the time to improve collaboration, innovation, and culture.
The layoffs come after Walmart announced the closure of its virtual health care service and all 51 Walmart Health centers. This restructuring may allow Walmart to allocate resources to more profitable revenue streams like advertising and fulfillment. The company has also closed underperforming stores, while opening new ones and remodeling others. Walmart has been focused on creating alternative revenue streams beyond retail and prioritizing workforce retention in a competitive labor market.
Walmart is investing in store remodels and supply chain automation to improve the customer experience. The company plans to remodel 928 stores and clubs globally over the next year, with new AI technology being implemented in Sam’s Clubs to streamline the checkout process. These changes reflect Walmart’s efforts to adapt to the evolving retail landscape and enhance its operations to meet customer needs.
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