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After announcing 1,000 corporate jobs were being eliminated in January, Walmart is making another round of cuts at its Arkansas headquarters as it continues to invest billions in its e-commerce operations, according to an article from Reuters.
On Tuesday, the big-box retailer confirmed the latest round of job cuts, which will include “hundreds” of positions in its international and technology businesses, along with its Sam’s Club warehouse chain, the article adds.
“As we said in January, to fuel our growth and our investments, we have to manage our costs and our capital decisions with discipline,” Walmart spokesman Randy Hargrove says. “This means we will continue to find ways to operate more efficiently and effectively.”
The number of positions being eliminated has not been confirmed by Walmart, according to Reuters. However, multiple sources “confirmed that the cuts began earlier this week and that the retailer’s information systems division was one of the hardest hit, with about 300 positions eliminated,” according to an article by Arkansas Online.
Since early 2016, Walmart has cut more than 18,000 U.S. jobs through closing stores, trimming staffing at some store locations and cutting jobs at its headquarters, according to The Wall Street Journal. About 11,000 of those employees found different jobs within the company, the article adds.
