Thread regarding Walmart layoffs

In case somebody missed it, DM's memo

It has been a little over four years since we faced the global pandemic that reshaped our lives in many ways, including our ways of working. In February 2022, we made the decision to bring Home Office associates back into our campus offices. We believe that being together, in person, makes us better and helps us to collaborate, innovate and move even faster. We also believe it helps strengthen our culture as well as grow and develop our associates.

With the goal of bringing more of us together more often, we are asking the majority of associates working remotely, and the majority of associates within our offices in Dallas, Atlanta, and our Toronto Global Tech office, to relocate. Most relocations will be to our Home Office in Bentonville, but some will be to our offices in the San Francisco Bay Area or Hoboken/New York.

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

We have had discussions with associates who were directly impacted by these decisions. We will work closely with them in the coming days and months to navigate the best path forward.

Donna Morris, Chief People Officer

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| 1881 views | | 6 replies (last May 17, 2024) | Reply
Post ID: @OP+1sxIkbCh

6 replies (most recent on top)

Can’t wait to move to San Francisco on my pay check !

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Post ID: @2idj+1sxIkbCh

OP, thanks for posting the memo. To “Post ID @riv+1sxIkbCh”, the “bunch of words” appear to be very clear.(1)(2)(3) As the daily latest 25 posts on https://www.thelayoff.com/last-25.php, these are tough times; a lot of layoffs and Return to Office (RTO) requests that may lead to relocations. Thoughts and prayers to those affected.

(1) Melissa Repko, May 14, 2024, “Walmart is laying off, relocating hundreds of corporate workers across the country. Read the memo”, cnbc.com, https://www.cnbc.com/2024/05/14/walmart-to-lay-off-relocate-hundreds-of-corporate-workers.html.

(2) Patricia Battle, May 14, 2024, “Walmart makes a harsh decision, cracking down on remote work”, thestreet.com, https://www.thestreet.com/employment/walmart-makes-a-harsh-decision-cracking-down-on-remote-work.

(3) Pilar Arias and Daniella Genovese, May 14, 2024, “Walmart cutting hundreds of corporate jobs, asking remote workers to return to office: memo”, foxbusiness.com, https://www.foxbusiness.com/economy/walmart-cutting-hundreds-corporate-jobs-asking-remote-workers-return-office-report.

Congratulations to the over 2 million worldwide employees for the Q1 Fiscal 2025 results.(4)(5)

(4) Walmart, May 16, 2024, “Walmart Reports First Quarter Results”, stock.walmart.com, https://s201.q4cdn.com/262069030/files/doc_financials/2025/q1/Earnings-Release-FY25-Q1-5-16-24.pdf

(5) Brooke DiPalma, May 16, 2024, “Walmart shares pop after earnings beat, surpasses $500 billion in market cap”, finance.yahoo.com, https://finance.yahoo.com/news/walmart-shares-pop-after-earnings-beat-surpasses-500-billion-in-market-cap-133920619.html

https://en.wikipedia.org/wiki/Doug_McMillon

https://stock.walmart.com/home/default.aspx

https://www.morningstar.com/stocks/xnys/wmt/quote

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Post ID: @1ewb+1sxIkbCh

Not to worry Doug gives his sage advice. At the same time he trashes associates. Doug Walmart doesn't require a degree, that's what AI is for.
https://www.businessinsider.com/walmart-ceo-3-tips-for-success-in-work-and-life-2024-5

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Post ID: @rvb+1sxIkbCh

Maybe because the business is slowly collapsing because of crimes against humanity!

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Post ID: @qxy+1sxIkbCh

Walmart speak, hundreds could be up to 900+ trashed associates. This is all AI. What puzzles me is trash HO but those not in HO can go to HO. Spin City Walmart style.

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Post ID: @pih+1sxIkbCh

A whole bunch of words that say absolutely nothing. That takes skill.

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Post ID: @riv+1sxIkbCh

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