Read the memo: Walmart cuts or reorganizes 1,000 jobs
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Read the memo: Walmart cuts or reorganizes 1,000 jobs
"Walmart is cutting or relocating about 1,000 corporate jobs to address redundancies and duplicate roles. A spokesperson for the retail giant confirmed the number of roles affected to Business Insider on Tuesday. The Wall Street Journal earlier reported the news. A person familiar with the restructuring said it was not driven by AI automation."
"Two executives Suresh Kumar, the chief technology and development officer, and Daniel Danker, the company's executive vice president of AI acceleration, product, and design announced the changes in a memo shared with employees on Tuesday. "We've made changes to simplify how the work is organized, make ownership clearer, and better align roles to the work and skills we need going forward," the memo read."
"In the past year, within Global Tech and Product + Design, we've gone from organizing separately for Walmart U.S., Sam's Club, and our international markets to building in a unified way on a single, shared platform. This has enabled us to create once and scale globally, accelerate innovation, and reduce duplication."
Walmart is cutting or relocating about 1,000 corporate jobs to address redundancies and duplicate roles. The company confirmed the number of roles affected. A person familiar with the restructuring said it is not driven by AI automation. Two executives, Suresh Kumar and Daniel Danker, announced the changes in a memo shared with employees. The memo states that work organization will be simplified, ownership will be made clearer, and roles will be better aligned with needed work and skills. Walmart previously laid off 1,500 corporate employees in May of the prior year to remove layers and complexity. Walmart employed 2.1 million people as of January.
Read at www.businessinsider.com
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