Walmart cutting hundreds of corporate jobs, asking remote workers to return to office

Sharing is Caring!

Walmart cutting hundreds of corporate jobs, asking remote workers to return to office

Walmart is about to have hundreds fewer people working in corporate offices, and remote workers are being asked to return to offices, the Wall Street Journal reported Monday.

The U.S. retailer is asking workers at offices in Dallas, Atlanta and Toronto to relocate to Walmart’s corporate base in Bentonville, Arkansas, a northeast office in Hoboken, New Jersey, or a central hub in Southern California, according to the Journal, which cited people familiar with the situation.

See also  Another quarter of zero earnings growth for the S&P 493; Corporate executives among S&P 500 firms have some of the least open market purchases in 13 years.

Walmart ranked 97 on this year’s Fortune “100 Best Companies to Work For.” Fortune’s website says the company has 103,776 job openings.

“There are 2.1 million proud Walmart associates across the globe, from truck unloaders working their first jobs to some of the most influential executives in the industry – and everything in between,” Walmart says on its corporate website. “In fact, our CEO – Doug McMillon – has been in both roles, and his story isn’t uncommon among Walmart’s top leaders.”

See also  8.66 million Americans hold multiple jobs, 3 million more part-time jobs, and full-time employment declines. Consumer credit decreases

The company states 75% of salaried managers began as hourly associates, and the average U.S. wage is close to $18 an hour.

www.foxbusiness.com/economy/walmart-cutting-hundreds-corporate-jobs-asking-remote-workers-return-office-report

Views: 58

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.