Walmart layoffs: America's largest retailer is cutting jobs, here's what memo to employees says - The Times of India
Walmart, America’s largest retailer has announced the fresh round of layoffs. As reported by Bloomberg the fresh round of layoffs will impact hundreds of employees in the store support and training division. While the company has not disclosed the number of laid off employees, but reports indicate this round of layoffs will affect of hundreds of employees across various locations. The move to reduce the workforce is part of the company’s restructuring efforts and is aimed at streamlining operations and adapting to evolving retail landscapes.
As reported by Bloomberg, in a memo to employees, Cedric Clark, executive vice president of store operations at Walrmart US said that the company is removing market coordinator positions— the corporate role which assists market managers who oversee multiple stores. “We’re simplifying our market support structure, reducing touchpoints and friction for our store associates,” said Cedric Clark in the memo.The memo also emphasised that the job cuts are part of a shift towards simplifying the market support structure and “reduce touchpoints and friction for store associates”. Along with this, the retailer is also eliminating coach and coordinator roles at
Walmart Academy
, which is training division for the store managers and employees. The report also adds that the affected employees will be offered store-level coach roles in their local areas.
This move follows earlier restructuring steps, including the closure of Walmart’s North Carolina office and relocation of staff to hubs in Arkansas and California. In May, the company also announced 1,500 job cuts across its tech, e-commerce, and advertising divisions.The move is aimed towards streamlining its operations, according to an internal memo cited by Reuters. The job cuts are expected to span across a range of roles, impacting staff in Walmart’s global technology division, e-commerce operations within US stores, and its advertising unit, Walmart Connect.Some positions will be eliminated, while new ones will be created to better align with the company’s long-term strategy. “To accelerate our progress delivering the experiences that will define the future of retail, we must sharpen our focus,” the memo said.
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