Walmart To Lay Off More Than 1,200 In Omnichannel Reorganization

Walmart will lay off 1,241 employees in Arkansas and New Jersey on Jan. 31, according to Worker Adjustment and Retraining Notifications filed with authorities in those states. The cuts are intended to bolster Walmart’s omnichannel operations, according to a July memo in which the retailer internally announced layoffs were imminent. “We are streamlining some roles so we can be more effective and efficient. At the same time, we are creating new roles, particularly in the supply chain, in our stores, and in other facilities which will open up new opportunities,” said the memo from U.S. CEO John Furner and U.S. E-commerce CEO Marc Lore. Affected employees can apply for other open positions within the company, according to the memo. Read more at Retail Dive.