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Report: Walmart slashing jobs in U.S. IT division

4/6/2017

The retail giant is reorganizing its U.S. technology division — a move that will impact about 10% of its workforce.


Sources familiar with the situation said that Walmart will eliminate 300 jobs across its information systems division (ISD). The layoffs at ISD in the chain's Bentonville headquarters began this week and are expected to continue through the month, according to Talk Business & Politics.



According to the report, associates received an email directing them to report to a training room on Tuesday, April 4, where they were told their jobs were being eliminated due to the company’s restructuring efforts. The layoffs appear to be across-the-board and include officers.



Impacted employees will remain on the payroll for 60 days and may apply for other jobs with the retailer. After the 60 days, a severance package will be provided to those who have not found other jobs, the report indicated.




Walmart would not comment specifically on the report, however the retailer confirmed it will continue to reorganize operations in effort to manage costs and operate efficiently.



“As we said in January, to fuel our growth and our investments we have to manage our costs and our capital decisions with discipline," Randy Hargrove, Walmart spokesman told Chain Store Age.



“This means we will continue to find ways to operate more efficiently and effectively, true to our cost-conscious heritage. In order to achieve this, from time to time you’ll see the company eliminate positions in an effort to stay lean and fast,” he said. “In some areas, we’ll invest in new positions but in other cases, we’ll operate more efficiently and work to change our processes and become more digital to change the work itself.”




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