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Home Business & Finance Economic Policies

Walmart job cuts: Walmart, America’s largest private employer, to layoff hundreds of workers and close its North Carolina office; here are the people who will be affected todayheadline

February 5, 2025
in Economic Policies
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Walmart job cuts: Walmart, America's largest private employer, to layoff hundreds of workers and close its North Carolina office; here are the people who will be affected
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In a shocking development around the US job sector, Walmart which is America’s largest private employer is planning to lay off hundreds of workers and shut down its North Carolina office, as part of its major relocation strategy, according to a Daily Mail report.

Walmart downsizing staff and closing office

A recent memo has been circulated to employees on Tuesday informing them about the elimination of some of Walmart’s crucial roles, according to a Fox Business report. Chief People Officer Donna Morris has also asked office-based employees based in Hoboken, New Jersey as well as some of other Walmart’s smaller offices to relocate to the company headquarters in Arkansas. Others could also move to their other office in Sunnyvale, California, as per reports.

What is the ultimate goal of this relocation?

Walmart is currently busy streamlining its work module through the elimination of some rules, based on their internal review process. According to company officials, these changes will help in putting key capabilities intact and will also help accelerate the momentum of the operational teams’ workflow at Walmart.

However, it is still not understood just how many employees could be affected by this sudden relocation or layoff. The employees who have been asked to relocate in the first place will have a month’s deadline to inform the company about their final plans.

FAQs:

Is Walmart operational in the US?
Yes, Walmart has a steady operation in the United States, and has its company headquarters in Arkansas.

Is Walmart laying off employees?
In a recent memo, Walmart employees have been notified of relocation as well as the cut down of some significant job roles.

Disclaimer Statement: This content is authored by a 3rd party. The views expressed here are that of the respective authors/ entities and do not represent the views of Economic Times (ET). ET does not guarantee, vouch for or endorse any of its contents nor is responsible for them in any manner whatsoever. Please take all steps necessary to ascertain that any information and content provided is correct, updated, and verified. ET hereby disclaims any and all warranties, express or implied, relating to the report and any content therein.

Tags: affectedAmericasArkansas headquartersCarolinaclosecutsemployees affected by layoffsemployerHundredsjobLargestlayoffNorthNorth Carolina office closureofficepeopleprivatetodayheadlineWalmartWalmart job cutsWalmart layoffsWalmart relocation strategyworkers
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