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Walmart is laying off hundreds of corporate workers across the country as it relocates many employees to its Arkansas headquarters.
Walmart is slashing hundreds of corporate jobs and asking remote workers to return to offices across the United States, according to a new report.
Walmart's decision comes as many companies grapple with whether to make a return to the office mandatory for employees who transitioned to remote work early in the pandemic.
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Walmart Inc. (/ ˈ w ɔː l m ɑːr t / ⓘ; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores in the United States, headquartered in Bentonville, Arkansas.
Woodforest National Bank is a privately held bank headquartered in The Woodlands, Texas.As of March 2020, it had more than 770 branches in 17 different states. Woodforest National Bank is Walmart's largest retail partner, and also provides financial services for Sam's Club members.
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Today more than 915,000 Walmart U.S. hourly associates across the country are receiving a share of more than $200 million in cash bonuses based on their stores’ Q2 performance.