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Investing.com-- Walmart Inc (NYSE:WMT) is cutting corporate jobs and asking employees from smaller offices to relocate to its main hubs in Bentonville, Arkansas, or Sunnyvale, California, as part of its ongoing corporate consolidation, Bloomberg News reported on Tuesday.
The retailer will shut its office in Charlotte, North Carolina, and eliminate hundreds of corporate roles, Bloomberg reported citing an internal memo seen by it.
Staff based in Hoboken, New Jersey, and other locations have been asked to move to larger offices, the report stated.
FOX Business also reported the news citing a memo.
Walmart did not disclose the number of employees impacted, but those asked to relocate will have at least a month to decide whether they will move to the central offices, the FOX report stated.
Last year, Walmart made a similar move, requiring employees in Dallas, Atlanta, and Toronto to relocate, primarily to its Bentonville headquarters.
The latest changes aim to streamline operations by bringing key teams together, Walmart’s Chief People Officer Donna Morris said in the memo, according to the reports.
The company has begun opening its new Bentonville campus and plans additional office spaces in Sunnyvale and Bellevue, Washington, later this year.