Walmart Laying Off Hundreds of Workers

<p>Even the nation&&num;8217&semi;s largest retailer is not immune to cutting jobs&period; According to The Wall Street Journal&comma; Walmart is cutting hundreds of corporate jobs and relocating workers to larger offices&period;<&sol;p>&NewLine;<p>Walmart operates over 5&comma;200 stores in the U&period;S&period; under the Walmart and Sam&&num;8217&semi;s Club brands&period; The company employed over 2&period;1 million workers at the beginning of 2024&period;<&sol;p>&NewLine;<p>The WSJ reports that workers at smaller offices are being asked to relocate to larger offices in Arkansas&comma; New Jersey and Southern California&period; Remote workers are also being required to work in offices the majority of the time&period;<&sol;p>&NewLine;<p>The job cuts don&&num;8217&semi;t apply to store workers at Walmart or Sam&&num;8217&semi;s Club&period;<&sol;p>&NewLine;

Editor

Orca Bio Secures $250 Million in Financing

MENLO PARK -- Orca Bio, a late-stage biotechnology company committed to transforming the lives of…

12 hours

Intel Unveils Ultra 3 Series of Processors

LAS VEGAS --  Intel has unveiled its new line of Intel Core Ultra Series 3…

12 hours

Chai Discovery Raises $130 Million

SAN FRANCISCO -- Chai Discovery, the AI company that predicts and reprograms the interactions between…

1 week

Nirvana Lands $100 Million Series D

SAN FRANCISCO -- Nirvana Insurance, an AI-native commercial insurer, has secured a preemptive $100 million…

2 weeks

Kargo Scores $42 Million Series B

SAN FRANCISCO -- Kargo, a provider of industrial artificial intelligence (AI) technology for supply chain…

2 weeks

Instacart to Pay $60 Million to Settle FTC Lawsuit

The Federal Trade Commission announced that grocery delivery provider Instacart will pay $60 million in…

2 weeks