Hundreds of roles are being eliminated. — Bloomberg
NEW YORK: Walmart Inc is eliminating some jobs and asking workers to move to central offices in Arkansas or California, continuing the retailer’s push to consolidate its corporate footprint.
The company is asking some staffers based in Hoboken, New Jersey, and other smaller offices, to relocate to its headquarters in Bentonville, Arkansas, or Sunnyvale, California, according to a memo.
Walmart is also closing its office in Charlotte, North Carolina, and is cutting corporate roles as part of the process.
Hundreds of roles are being eliminated, said a person familiar with the matter.
Last year, Walmart asked employees in Dallas, Atlanta and Toronto to move to bigger hubs, with most going to the main office in Bentonville.
“We are making these changes to put key capabilities together, encouraging speed and shared understanding,” Donna Morris, chief people officer at Walmart, wrote in the memo.
The company, which declined to comment, has started opening its campus in Bentonville and will have new office spaces in Sunnyvale and Bellevue, Washington, later this year.
Walmart is a multinational retail firm, which operates a chain of hypermarkets and stores in 24 other countries, including the United States.
Founded in 1962 by brothers Sam and James Walton in Rogers, Arkansas, the company has a reported market capitalisation of US$809.50bil. — Bloomberg
