Retail giant Walmart is laying off hundreds of employees at its e-commerce facilities across the US as part of an adjustment in staffing "to better prepare for the future needs of customers". 📲 Walmart Layoffs: Retail Giant Fires Hundreds of Employees at Its E-Commerce Facilities Across the US.
Several companies, including Tesla Inc, Netflix Inc, and Coinbase Global Inc have also been cutting jobs and slowing hiring as global economic growth slows due to higher interest rates, inflation and an energy crisis in Europe.
Walmart Inc is cutting hundreds of corporate roles in a restructuring effort, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.