Walmart’s job cuts are tied to the company’s desire to boot its omnichannel efforts:
“In an internal memo emailed to Retail Dive, Walmart U.S. CEO John Furner and Walmart U.S. e-commerce chief Marc Lore said the company would be “streamlining some roles so we can be more effective and efficient” while creating some new roles around supply chain, stores and other facilities. Those losing their jobs in the reorganization would have chances to apply for other jobs at Walmart or receive benefits and severance.”
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