Menu

Post image 1
Post image 2
1 / 2
0

Walmart to lay off or relocate 1,000 employees to ‘simplify’ operations: report

The Independent·J.R. Duren·19 days ago
#Un6K0Mdk
Reading 0:00
15s threshold

America’s biggest retailer will lay off or relocate some 1,000 corporate employees as it seeks to streamline its operations, according to the Wall Street Journal . The layoffs will impact Walmart’s global technology and product teams, according to an internal memo sent Tuesday. The decision is meant to “simplify how the work is organized, make ownership clearer, and better align roles to the work and skills we need going forward,” Daniel Danker, global AI acceleration boss, and Suresh Kumar, global chief technology and development officer, wrote in the memo. Walmart’s latest cuts come around a year after it laid off 1,500 corporate employees for similar reasons. The decision is not related to AI automation, a company source told Business Insider . A Walmart memo revealed a new round of corporate layoffs and relocations a year after letting 1,500 of its white-collar workers go (Walmart) The Independent has contacted Walmart for comment.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More