Walmart (WMT) is set to cut hundreds of jobs and ask remote workers to come back to the office, according to a report from The Wall Street Journal. This post was written by Nicholas JacobinoVideo TranscriptThis morning, Walmart, unfortunately, cutting hundreds of corporate jobs and asking both remote workers and employees in smaller satellite offices to move to their larger hubs in Arkansas, New Jersey and southern California. So this is a significant move that we're hearing from Walmart, uh the country's largest employer, we should remind folks out there as well. And obviously this also just goes to cost cutting efforts here across the board, they're trying to slim down some of their budgets here elsewhere. Story continuesSo it is a bit interesting that it's taken so long for these companies to implement uh more stricter return to office, return to office guidance.

Source: Wall Street Journal May 14, 2024 17:19 UTC