BENTONVILLE, Ark. — Walmart is restructuring its U.S. business and hundreds of employees are being laid off, according to sources. Walmart said the downsizing is part of its ongoing efforts to streamline its business and move toward a retail model that includes many ways to reach consumers.
The company scaled up its e-commerce division in the past few years under Marc Lore, Walmart U.S. eCommerce CEO. But heavy losses in this segment and the renewed effort to streamline the business has prompted heavy job cuts with dozens of category specialists and analysts let go this week.
The layoffs don’t stop there. Talk Business & Politics has learned dozens of employees in the areas of fresh produce and meat supply chain, real estate, logistics and transportation, global people, human resources and customer experience teams were also impacted from the ongoing layoffs which began July 27. Walmart has not provided a job cut total but sources tell Talk Business & Politics it is several hundred jobs in Northwest Arkansas and in West Coast offices.
To read more of this story, visit our content partner Talk Business & Politics.