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International Business Times UK
International Business Times UK
Maybelyn B. Paden

Walmart Layoffs: Memo Reveals Why 1,000 Corporate Jobs Are Being Cut

Walmart Layoffs: Memo Reveals Why 1,000 Corporate Jobs Are Being Cut (Credit: AFP News)

Walmart is cutting or relocating about 1,000 corporate workers in the US this week, according to a memo to staff, as the retailer moves to merge parts of its global technology and product teams under a new artificial intelligence leadership structure.

The world's largest retailer has been quietly reshaping its white-collar workforce for several years, nudging staff towards fewer corporate hubs and folding separate units into larger, centralised operations.

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