Walmart To Cut Hundreds of Corporate Jobs in a Restructuring Effort After Tesla and Netflix
Sources also said that the retailer has notified employees in its Bentonville, Arkansas headquarters and other corporate offices of its restructuring move.
In what can be seen as a restructuring effort, Walmart is planning to cut hundreds of corporate roles. According to reports, around 200 jobs are being cut. Sources also said that the retailer has notified employees in its Bentonville, Arkansas headquarters and other corporate offices of its restructuring move. The Walmart decision comes as several companies such as Tesla, Netflix, and Coinbase Global have also been cutting jobs.
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Walmart to cut hundreds of corporate jobs - WSJ https://t.co/vyUfTPGrxN pic.twitter.com/tIyktr8Gyw
— Reuters (@Reuters) August 4, 2022
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(The above story first appeared on LatestLY on Aug 04, 2022 10:59 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
