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Walmart reduces company roles by merging on-line and retailer companies

A man walks past a Walmart store in Washington, DC on July 15, 2020. – Walmart will require buyers to wear face masks next week, the U.S. retail giant announced on July 15, and is joining an increasing number of companies to provide the latest protection in coronavirus cases.

Andrew Caballero-Reynolds | AFP | Getty Images

Walmart is reducing corporate roles across the company as the online and store businesses in the United States are merged.

The country's largest retailer confirmed on Thursday that it would eliminate some jobs in its back offices – but wouldn't say how many workers will lose their jobs.

The layoffs were first reported by Bloomberg. Relying on people who are familiar with the matter, the report said Walmart fired hundreds of company employees in store planning, logistics, and real estate.

"We are continuing our journey to build an omnichannel organization in our Walmart business in the US and are making some additional changes this week," Walmart spokeswoman Jami Lamontagne told CNBC.

She said the company would provide more details after notifying employees.

Other retailers have also eliminated corporate positions in recent months as the pandemic and recession increase financial pressure. Macy's, Nike and L Brands, which include Victoria Secret and Bath & Body Works, have announced plans to cut staff numbers.

However, Walmart faced other circumstances during the pandemic. As an important retailer, it was able to keep businesses open. Sales have increased as Americans buy more groceries and household items as they spend more time at home.

In recent months, the big box retailer has hired more than 400,000 store and fulfillment center employees to support warehouse shelves and keep pace with demand.

The company's share is trading around 1% on Thursday.

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