Walmart layoffs: US retail giant to cut hundreds of jobs, relocate staff; here’s why

Walmart Inc. is eliminating some jobs and asking workers to move to central offices in Arkansas or California, continuing the retailer’s push to consolidate its corporate footprint.

The company is asking some staffers based in Hoboken, New Jersey, and other smaller offices to relocate to its headquarters in Bentonville, Arkansas, or Sunnyvale, California, according to a memo viewed by Bloomberg News.