Walmart Layoffs: Firm To Fire Hundreds Of Employees And Relocate Some, Says Report

Walmart Layoffs: American multinational retail brand Walmart is laying off hundreds of its corporate employees and asking most of the remote workers to return to the office, the Wall Street Journal reported on Monday, citing sources familiar with the situation.

Meanwhile, employees at Walmart’s smaller offices located in Dallas, Atlanta, and Toronto are being asked to relocate to larger central hubs. These hubs include Walmart’s corporate headquarters in Bentonville, Arkansas, as well as offices in Hoboken, New Jersey, and Southern California. This move is part of the company’s broader strategy to consolidate its operations and enhance collaboration among its workforce, the report added.

According to the report, Walmart will continue to allow employees to work remotely on a part-time basis. However, this arrangement requires staff to be present in the office for the majority of their working hours. This policy aims to balance the benefits of remote work with the need for in-person collaboration and teamwork within the office environment.

Over the past year, the company has been actively reducing its workforce. In April of last year, it announced plans to have approximately 65 per cent of its stores serviced by automation by the end of its fiscal year 2026.

In February 2023, the company closed 3 of its US technology hubs and required hundreds of workers to relocate in order to retain their jobs. This move was part of a broader strategy to encourage more employees to work from the office. By consolidating operations into fewer locations, the company aimed to foster greater in-person collaboration and streamline its workforce management.

In recent months, several major companies across various industries have announced significant layoffs as part of broader restructuring efforts. These layoffs are driven by economic pressures, shifts in market demand, and strategic pivots toward automation and digital transformation.

Also Read: Tech Layoffs: Over 80,000 Employees Lose Jobs Across 279 Firms In First 4 Months Of 2024