Walmart To Close Three Tech Hubs, Urges Employees To Return To Offices

RTTNews | 730 days ago
Walmart To Close Three Tech Hubs, Urges Employees To Return To Offices

(RTTNews) - Walmart Inc. plans to close three of its 11 U.S. technology hubs, asking employees to relocate to other locations, the Wall Street Journal reported citing an internal memo.

The retail major would also require nearly all technology employees to return to their offices for at least two days a week, while some roles may be converted into remote positions.

The company is closing technology offices in Austin, Texas; in Carlsbad, California; and in Portland, Oregon. The operations at these places would move to hubs including San Bruno, California or the company's headquarters in Bentonville, Arkansas.

Walmart's hundreds of tech employees in these affected offices are asked to relocate to keep their jobs.

Robert Munroe, Walmart's director of global communications, reportedly said the company would pay transfer costs to relocate employees and severance payments to those who plans to leave the company.

The company currently has 11 technology offices in the U.S. and six abroad.

Reports quoted Walmart representative as saying, "We've made the decision to focus our tech team's presence within select locations. We hope to relocate or allow for remote work for all affected associates."

Walmart's global technology head, Suresh Kumar, had announced last year the company's plans to add new tech centers in Atlanta and Toronto and hire 5,000 staffers to work on cybersecurity, software engineering, data science and other areas.

Walmart's majority of tech employees have been working remotely since the start of Covid pandemic. Meanwhile, many workers in Walmart's Bentonville corporate headquarters were asked to work in office five days a week since last year.

read more
Walmart Recalls Marketside Fresh Cut Cucumber Slices

Walmart Recalls Marketside Fresh Cut Cucumber Slices

Retail giant Walmart Inc. has recalled Marketside branded Fresh Cut Cucumber Slices possibly made with recalled whole cucumbers supplied by SunFed Produce, LLC due to the potential for Salmonella contamination, according to the U.S. Food and Administration. The Marketside Fresh Cut Cucumber Slices, produced in select stores, were available at 34 Walmart stores located in Texas.
RTTNews | 70 days ago
Walmart Offers Thanksgiving Meal For Below $7/Person Through Dec. 25

Walmart Offers Thanksgiving Meal For Below $7/Person Through Dec. 25

Walmart Inc. officially launched its holiday meal, offering customers a Thanksgiving meal for less than $7 per person. The offer, which comes earlier than last year, and at an even lower price, is available from October 14 through December 25. Walmart said its inflation-free Thanksgiving meal would benefit customers, who want to begin saving earlier and throughout the holiday season.
RTTNews | 119 days ago
Walmart Holiday Deals Event On Oct. 8-13

Walmart Holiday Deals Event On Oct. 8-13

Omnichannel retail giant Walmart Inc. is unveiling thousands of offers with consistently low prices, kicking off the holiday shopping season earlier than ever. The first Walmart Holiday Deals event of the season runs from October 8 to 13 with early access for Walmart+ members. The retailer has introduced earlier, longer windows for holiday savings across its wide range of assortment.
RTTNews | 147 days ago
Mattel's Fisher-Price Recalls 366K Dumbbell Toy

Mattel's Fisher-Price Recalls 366K Dumbbell Toy

New York-based Fisher-Price Inc., owned by toymaker Mattel, Inc., has called back about 366,200 units of Dumbbell toy sold with Baby Biceps Gift Set citing choking hazard, according to the U.S. Consumer Product Safety Commission. In addition, about 37,850 units were sold in Canada. The recall involves the plastic dumbbell toy sold with the Fisher-Price Baby Biceps Gift Set with model number GJD49.
RTTNews | 164 days ago
Walmart+ Unveils Dining Benefit With Burger King

Walmart+ Unveils Dining Benefit With Burger King

Omnichannel retail giant Walmart Inc. has joined with quick service hamburger chain Burger King for offering exclusive dining benefit for Walmart+ members. In a first-of-its-kind partnership, Walmart+ members, starting Today, will enjoy 25% off any Burger King digital order every day. Further, starting in September, members can receive a free flame-grilled Whopper every three months with...
RTTNews | 175 days ago
JD.com Stock Slips As Walmart Confirms Entire Stake Sale

JD.com Stock Slips As Walmart Confirms Entire Stake Sale

Shares of JD.com Inc. traded down around 8 percent on the Hong Kong exchange and were losing more than 8 percent in the early morning trading on the Nasdaq after retail giant Walmart Inc. announced the sale of its entire stake in the Chinese e-commerce firm. Walmart expects the sale to help focus on its strong China operations for Walmart China and Sam's Club, and deploy capital towards other prio
RTTNews | 176 days ago
Walmart Sees Growth In Q3, Lifts FY25 View After Q2 Sales Rise; Stock Up

Walmart Sees Growth In Q3, Lifts FY25 View After Q2 Sales Rise; Stock Up

Shares of Walmart, Inc. were gaining around 8 percent in the pre-market activity on the NYSE after the retail behemoth on Thursday issued third-quarter guidance, expecting growth, and also raised its fiscal 2025 forecast. Meanwhile, adjusted earnings forecast for the third quarter is below the market estimates, and for fiscal 2025 is in line or below the Street view.
RTTNews | 182 days ago
FSIS Alerts Against Frozen RTE Bao Curry Chicken Products Sold By Walmart

FSIS Alerts Against Frozen RTE Bao Curry Chicken Products Sold By Walmart

The U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS has warned against Brett Anthony Foods' Wow Bao bao Thai-style curry chicken sold by Walmart Inc. retail stores, citing misbranding and undeclared soy and sesame allergens. According to the agency, the product labeled as bao curry chicken may actually contain teriyaki chicken bao products that contain soy and sesame...
RTTNews | 248 days ago