Walmart closing 3 tech hubs in Austin, Portland, Carlsbad

by user

[ad_1]

Walmart Inc. plans to close three of its U.S. technology hubs and require hundreds of workers to relocate to keep their jobs, according to a memo reviewed by The Wall Street Journal. The retailer will also begin to require all its technology workers to come into the office at least two days a week.

The retail behemoth will close offices that house technology staff in Austin, Texas; Carlsbad, Calif.; and Portland, Ore., according to a memo to staff last week from Suresh Kumar, Walmart’s global chief technology officer.

Walmart
WMT,
+1.52%

will pay for workers in those locations to transfer to other primary offices, such as San Bruno, Calif., or the company’s headquarters in Bentonville, Ark. The company hopes to relocate most of the workers, and some will be allowed to become full-time remote workers, a spokeswoman said. Those who leave will be given severance pay, she said.

“We’ve made the decision to focus our tech team’s presence within select locations,” said the spokeswoman. Rival Amazon.com Inc.
AMZN,
+1.98%

and other large technology firms have recently announced plans to cut thousands of jobs.

In addition, most of Walmart’s global technology workers will need to be in their assigned office at least two days a week, Kumar said in the memo. Many workers in Walmart’s Bentonville corporate headquarters have been required to work in-person five days a week since last year.

An expanded version of this report appears on WSJ.com.

Also popular on WSJ.com:

Inflation is falling, and where it lands depends on these three things.

Don’t count on China to save the world economy.

[ad_2]

Source link

Related Posts

Leave a Review

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy