Walmart To Lay Off Hundreds Of Corporate Staff, Relocate Others: Report

By Reuters
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Walmart To Lay Off Hundreds Of Corporate Staff, Relocate Others: Report

Walmart is cutting hundreds of corporate jobs and asking most remote workers to move to offices, the Wall Street Journal reported, citing people familiar with the matter.

Workers at Walmart's smaller offices in Dallas, Atlanta and Toronto are being asked to move to other central hubs such as Walmart's corporate base in Bentonville, as well as Hoboken or Southern California, the report said.

The company will still let staff work remotely part-time, as long as they are in offices a majority of the time.

The US retail giant, which employed about 2.1 million associates as of 31 January, did not respond to a Reuters request for comment.

The job cuts at Walmart also underscore the retail giant's efforts to cut costs as discretionary spending in the United States remains strained.


Spending among Americans remained weak compared to 2021, at least for non-essential, discretionary merchandise like clothing, according to surveys by Deloitte.

Cost-Cutting Measures

Late last month, Walmart said it would close all 51 of its health clinics and shut its virtual healthcare operations, saying it could not see it as a sustainable business model.

The company also said last year it expects about 65% of its stores to be serviced by automation by the end of its fiscal year 2026.

The retailer is set to report first-quarter results on 16 May.


Recently, Walmart launched a new private-label food brand with most of the products priced under $5 to improve and grow its offerings.

The range includes a variety of dairy products, snacks, beverages, pasta, soups, coffee, chocolate and other food items across 50 categories under the new brand 'bettergoods'.

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