Walmart cuts hundreds of corporate jobs, relocates workers: WSJ
Make us a preferred source
Make us a preferred source on Google
The news: US retail giant Walmart is slashing hundreds of corporate jobs and has asked remote workers to return to offices, according to sources cited by the Wall Street Journal.
The numbers: Walmart is currently the largest employer in the US, with 1.6 million employees across 4,600 stores. Tens of thousands of staff are corporate workers.
The context: In addition to the layoffs, Walmart is requiring workers in the company’s small offices including Dallas, Atlanta and Toronto to move nearer to the retailer’s larger hubs in Arkansas, New Jersey or Northern California.
In late April, Walmart announced its plans to shutter all of its 51 health centres and abandon plans to expand the network of low-cost clinics, due to rising costs and reimbursement challenges. The initiative was launched in 2019 and had hoped to open over 75 clinics offering medical, dental and behavioural health services, by the end of 2024.
The source: Wall Street Journal
