The Trader Harbor
  • Business
  • Politics
  • World News
  • Stocks
  • Business
  • Politics
  • World News
  • Stocks

The Trader Harbor

World News

Walmart is laying off and relocating hundreds of corporate workers

by admin May 16, 2024
May 16, 2024
Walmart is laying off and relocating hundreds of corporate workers

Walmart is laying off hundreds of corporate workers across the country as it relocates many employees to its Arkansas headquarters.

The big-box retailer confirmed the layoffs and relocations in a memo sent to employees Tuesday.

In the memo, Chief People Officer Donna Morris said the move is meant to bring more of its employees back to the office after the Covid pandemic. The company brought corporate employees back to its Bentonville, Arkansas, headquarters in February 2022.

Now, she said, Walmart is taking that a step further: The majority of employees working remotely and in offices in Dallas, Atlanta and Toronto have been asked to relocate. Most will be moved to the company’s Arkansas headquarters, but some will also relocate to offices in the San Francisco Bay Area or Hoboken, New Jersey, she said.

“In addition, some parts of our business have made changes that will result in a reduction of several hundred campus roles,” she 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 did not say how many people were affected by the cuts.

The news comes days before Walmart’s much-anticipated earnings report on Thursday.

The layoffs are the latest cost cut for the discounter. In late April, Walmart announced it would shutter 51 health clinics across Arkansas, Florida, Georgia, Illinois and Texas. The new clinics, which offered doctor, dentist and therapy appointments, were part of Walmart Health, a broad effort by the discounter to bring lower prices to the health-care industry. It had opened the health clinics next to its big-box stores, but said in an announcement on its website that the business was not financially sustainable.

Walmart is the nation’s largest private employer with about 1.6 million employees, most of whom work at its stores across the country.

Walmart has another reason to bring more employees to Bentonville: It’s building a nearly 350-acre campus there. The major development, which is well underway, includes 12 office buildings, along with parking lots, a hotel and other amenities. The campus’s first few buildings have already opened, including a fitness center and a daycare.

The Wall Street Journal first reported the layoffs and relocations.

Read the full memo from Morris to Walmart employees:

It has been a little over four years since we faced the global pandemic that reshaped our lives in many ways, including our ways of working. In February 2022, we made the decision to bring Home Office associates back into our campus offices. We believe that being together, in person, makes us better and helps us to collaborate, innovate and move even faster. We also believe it helps strengthen our culture as well as grow and develop our associates.

With the goal of bringing more of us together more often, we are asking the majority of associates working remotely, and the majority of associates within our offices in Dallas, Atlanta, and our Toronto Global Tech office, to relocate. Most relocations will be to our Home Office in Bentonville, but some will be to our offices in the San Francisco Bay Area or Hoboken/New York.

In addition, some parts of our business have made changes that will result in a reduction of several hundred campus roles. While the overall numbers are small in percentage, we are focused on supporting each of our associates affected by these changes.

We have had discussions with associates who were directly impacted by these decisions. We will work closely with them in the coming days and months to navigate the best path forward.

This post appeared first on NBC NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
Meme stock mania is back: Why everyone is talking about GameStop, AMC and more again
next post
United Airlines says FAA cleared it to start adding new aircraft, routes after safety review

Related Posts

Tesla agrees to first deal to build China’s...

June 21, 2025

As home sellers and buyers wait on a...

May 1, 2024

Reddit co-founder Alexis Ohanian takes minority stake in...

May 16, 2025

Walmart is opening five automated distribution centers as...

July 11, 2024

CEOs want workers back in offices—this company is...

February 22, 2025

Nvidia loses nearly $600 billion in market value...

January 28, 2025

NFL-backed group lines up ‘Sunday Ticket’ streaming for...

July 4, 2024

The pool party’s over as Americans ease up...

July 8, 2024

Hims & Hers Health says it will offer...

May 22, 2024

Businesses are cautiously spending on corporate travel as...

July 24, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Savannah Guthrie says family is ‘in agony’ in first interview since her mother’s disappearance

      March 26, 2026
    • Delta suspends specialty services for members of Congress amid shutdown-driven TSA delays

      March 26, 2026
    • Senate Republicans believe they have a solution to reopen DHS and end airport chaos

      March 26, 2026
    • Trump backs off escalation, but Iran war goes on amid ‘productive’ talks

      March 26, 2026
    • America’s wealth gap is growing, and Trump’s policies are making it bigger

      March 26, 2026
    • Pentagon will remove media offices after judge reinstates New York Times press credentials

      March 26, 2026

    Categories

    • Business (1,469)
    • Politics (6,045)
    • Stocks (2,031)
    • Uncategorized (45)
    • World News (1,462)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TheTraderHarbor, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thetraderharbor.com | All Rights Reserved