Walmart is cutting hundreds of corporate jobs, relocating majority of remote office staff | CNN Business

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CNN
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Walmart said Tuesday it is eliminating several hundred corporate jobs and will relocate most of its remaining remote office staff to its Bentonville, Arkansas, headquarters.

Walmart confirmed the move in a memo sent by Donna Morris, its chief people officer, to employees on Tuesday and obtained by CNN.

Morris, in the memo, said the decision to relocate employees and ask other remote staff to come back into the office was made to facilitate better collaboration, innovation “and move even faster.”

“We also believe it helps strengthen our culture as well as grow and develop our associates,” she said in the memo.

The relocation will impact the majority of workers in Walmart’s Dallas, Atlanta and Toronto offices. While most relocations will be to its Bentonville headquarters, some workers will be relocated to Walmart offices in the San Francisco Bay Area or to Hoboken, New Jersey, and the New York area.

“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.”

Walmart is expected to report its latest quarterly earnings on Thursday. The latest round of layoffs at the world’s largest retailer comes close on the heels of Walmart’s announcement last month that it was exiting its virtual healthcare services and was shuttering all 51 of its healthcare centers in six states.

Also last month, the discount giant’s shoppers learned they could be entitled to as much as $500 as part of a class-action lawsuit settlement by the retailer over allegations that it overcharged customers for certain products.