:Walmart Inc will close three of its U.S. technology hubs, asking hundreds of workers to relocate to keep their jobs, a company spokesperson told Reuters on Monday.Nearly all technology employees across the company would be expected to work in their offices for at least two days a week, added Robert Munroe, W
:Walmart Inc will close three of its U.S. technology hubs, asking hundreds of workers to relocate to keep their jobs, a company spokesperson told Reuters on Monday.
The big-box retailer would close offices that housed technology staff in Austin, Texas, in Carlsbad, California and in Portland, Oregon, Munroe said. The operations would move to hubs including one in San Bruno, California or the company's headquarters in Bentonville, Arkansas, he said, citing a memo sent last week by Walmart's global technology head, Suresh Kumar.
"Everything is variable; there is no set date that must be completed," he added. The company currently has 11 tech hubs in the U.S. and six abroad, according to its website.Munroe said Walmart, which employs more than 1.3 million people in the United States, would pay transfer costs of workers who moved and make severance payments to those who decided to leave the company.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Walmart to close three tech hubs - WSJWalmart Inc plans to close three of its U.S. technology hubs and has asked hundreds of workers to relocate to keep their jobs, the Wall Street Journal reported on Monday citing an internal memo.The big-box retailer will close offices that house technology staff in Austin, Texas; Carlsbad, California; and
Read more »
Singapore commuters keep masks on despite discarded Covid-19 public transport ruleSINGAPORE — Mask-wearing on public transport in Singapore ceased to be mandatory on Monday (Feb 13) but most commuters were seen retaining their face coverings while on trains and buses Monday morning.
Read more »
Exclusive-S Korea aims to join AI race as startup Rebellions launches new chipSEOUL : South Korean startup Rebellions Inc launches an artificial intelligence (AI) chip on Monday, racing to win government contracts as Seoul seeks a place for local companies in the exploding AI industry.The company's ATOM chip is the latest Korean attempt to challenge global leader Nvidia Corp in the
Read more »
Twilio to cut 17% staff, close offices to focus on profitability:Cloud communications company Twilio Inc said on Monday it was eliminating about 17 per cent roles and closing some offices as part of a restructuring effort to focus on profitability.The move, which is the second instance of job cuts in six months, sent the company's share up 2 per cent.As part of the
Read more »
Twilio to cut 17% staff, close offices to focus on profitabilityCloud communications company Twilio Inc said on Monday it was eliminating about 17 per cent roles and closing some offices as part of a restructuring effort to focus on profitability. The move, which is the second instance of job cuts in six months, sent the company's share up 2 per cent. As part
Read more »
Amazon CEO doubles down on grocery store business - FTAmazon.com Inc Chief Executive Andy Jassy has vowed to double down on the ecommerce giant's struggling grocery store business, the Financial Times reported on Monday.Jassy blamed a lack of normalcy during the pandemic for a series of stumbles and said the company was ready to 'go big' on bricks-and-mortar
Read more »