Walmart Is Laying off Hundreds of Employees, Asking Remote Workers to Move to Offices

By Trisha Andrada

May 14, 2024 04:58 AM EDT

Walmart is reportedly laying off hundreds of corporate employees and requesting all its remote workers to move to the company's offices.

Moreover, staff working in smaller offices in cities such as Dallas, Atlanta, and Toronto are asked to relocate to large corporate hubs, such as Walmart's headquarters in Bentonville, Arkansas; Hoboken, New Jersey; or Northern California.

How Walmart Performs During The 'Cyber Monday' 2016 Deal
Walmart is laying off hundreds of corporate employees and ordering some staff to move.  
(Photo : Scott Olson / Staff)

Walmart Taking Steps To Downsize Workforce

The Wall Street Journal was the first to disclose the story, citing sources with knowledge of the situation. According to CNBC, Walmart has been taking steps to reduce its personnel over the last year.

In April 2023, the company announced its expectation that 65% of its stores would be served by automation by the end of fiscal year 2026. 

In February of the same year, it also urged hundreds of employees to leave or find other employment after closing three of its technological centers in the United States.

Read Next: Walmart Closes Health Centers, Causing Longer Drives and Wait Times For Patients

Walmart Has Millions of Workers

Regulatory documents show that as of January 31 this year, Walmart employed over 2.1 million workers. According to the Wall Street Journal, the majority of that figure includes 1.6 million American workers who are employed in retail and logistics.

Read More: Bettergoods: Walmart Unveils New Line of Store-Label Grocery Products to Attract Budget-Conscious Shoppers

© 2024 VCPOST, All rights reserved. Do not reproduce without permission.

Join the Conversation

Real Time Analytics