Walmart looks to combine global tech and product teams; the company to lay off or relocate 1,000 employees; says in memo: In some cases, we have had different teams working on …
Walmart, America’s largest private employer has announced its plans to layoff or relocate around 1,000 corporate employees as part of a restructuring effort in oder to combine its global technology and product teams. According to a report by The Wall Street Journal, in a memo to staff, Walmart executive Daniel Danker, head of global AI acceleration, and Suresh Kumar head of global technology said that this move of the retail giant is aimed at improving efficiency. “In some cases, we’ve had different teams working on similar problems,” they wrote, noting that affected employees could apply for other open roles within the company.
The company has asked many of the impacted employees to relocate to Walmart’s headquarters in Bentonville, Arkansas, or its Northern California offices.
