Walmart is cutting 1,500 corporate jobs in an effort to reorganize its Global Tech and U.S. operations to enhance efficiency and innovation. This decision comes in the context of a broader trend across various industries, notably in tech, where companies like Amazon and Google are also eliminating middle management to promote faster decision-making and operational simplicity. CEO John Furner and tech chief Suresh Kumar highlighted in a memo that flattening the hierarchy facilitates innovation. Meanwhile, the retailer plans to create new roles aligned with its strategic growth goals.
Walmart is laying off 1,500 employees as part of a strategy to simplify its structure and enhance innovation, particularly within its Global Tech team.
The memo emphasizes that these layoffs aim to remove layers and complexity in order to speed up decision-making and improve the company’s operational efficiency.
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