Walmart Layoffs: American multinational retail brand Walmart said on Tuesday that the firm will be laying off hundreds of employees from its corporate headquarters and relocating the majority of its remote workforce in the US and Canada to three main offices. This marks a strategic shift after initially supporting virtual work during the pandemic.
"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," wrote Donna Morris, Walmart's chief people officer, in a memo to its US campus associates on Tuesday, according to a Reuters report.
The world's leading retailer, which has 2.1 million global workers, disclosed that the majority of relocations would be to its Bentonville, Arkansas headquarters, with some employees relocating to its offices in the San Francisco Bay Area or Hoboken, New Jersey.
Morris explained in the memo that the objective behind these layoffs is to foster more frequent collaboration among team members, enhance Walmart's organisational culture, and promote the professional development of its workforce. The retail behemoth also announced a reduction in "several hundred" roles at its headquarters due to evolving aspects of its business, though specific details were not provided.
During a "business update" call held with employees on Monday, individuals working remotely were informed that they have until July 1 to decide whether to relocate or opt for resignation with severance, as per Reuters report citing sources. Additionally, the report revealed that Walmart intends to shutter its Dallas, Atlanta, and Toronto offices later this year.
The report further added that those who opt to depart will be entitled to severance pay equivalent to two week's salary for each year of service at Walmart. Walmart stated that it engaged in discussions with employees directly affected by these decisions and assured it would collaborate with them to determine the subsequent steps.
Also Read: Walmart Layoffs: Firm To Fire Hundreds Of Employees And Relocate Some, Says Report