US retail chain to let 1500 staff ‘simplify’ the structure
Walmart is going to dismiss about 1,500 employees as part of an attempt to “remove mattresses and complexity” within its corporate structure. The cuts will mainly affect the world -wide retailer and US corporate offices, including Arkansa’s headquarters, according to sources in The Wall Street Journal and Bloomberg. In a note entitled “Building for the Future”, US chief executive John Furner and world technology chief Suresh Kumar explained that the move aims to accelerate decision -making and faster innovation. The note stated that the Technology Department would “slimmed down to simplify its structure” and better to align with Walmart’s business
