Walmart announces plans to lay off hundreds of employees ahead of earnings conference

Walmart announces plans to lay off hundreds of employees ahead of earnings conference


Walmart has announced it will lay off a large number of its employees on Tuesday, days before it hosts its first quarterly earnings conference.

Beyond this new mass layoff, the grocery chain is also requiring most of its remote employees to relocate to various offices, including in Bentonville, Arkansas, Hoboken, New Jersey, and the San Francisco Bay Area. Donna Morris, Walmart’s chief people officer, argued that this will bring more of its employees back together.

“In addition, some parts of our business have made changes that will result in a reduction of several hundred campus roles,” Morris said in the memo. “While the overall numbers are small in percentage, we are focused on supporting each of our associates affected by these changes.”

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