Walmart is planning to cut hundreds of jobs and close a North Carolina office as the company continues to focus efforts on its main hubs in California and Arkansas.
According to a memo issued on Tuesday, first obtained by Fox Business, employees in Hoboken, New Jersey, and other smaller posts have also been asked to relocate to Walmart’s new headquarters in Bentonville, Arkansas, and its office in Sunnyvale, California.
Walmart is the largest private employer in the U.S., with about 1.6 million employees, and the largest company in the country in terms of revenue.
The company’s decision regarding office-based employees in Hoboken and elsewhere also follows the trend of several large businesses—including Amazon, Google and Microsoft—demanding that employees return to office.
Walmart’s announcement reflects a broader strategic shift at the company, first unveiled in mid-2024.
Though the exact number of affected employees was not made clear in the memo, per Fox, the announcement aligned with Walmart’s strategy to streamline operations by consolidating its non-store workforce into a few key hubs nationwide, while also slimming down the number of smaller offices it operates across the country.
