
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.
Walmart laid off 1,500 corporate employees in May last year, saying it needed to “remove layers and complexity.“
The company employed 2.1 million people as of January.
Read the full memo to employees:
Read the original article on Business Insider
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