Walmart To Shutter 3 Tech Centers, Shuffle Workers To Different Places

Retail giant Walmart is closing three of its tech hub offices, and it will require workers in those places to relocate if they want to keep their jobs, The Wall Street Journal reports, citing a company memo.

The tech hubs that will close are in Austin, Texas; Carlsbad, California; and Portland, Oregon. If they relocate, their workers will go to San Bruno, California, or Bentonville, Arkansas. The company didn't specify the number of workers involved, though the WSJ put it at “hundreds.”

The amount of office space that Walmart will vacate is also unclear.

After the closures, the retailer will still have 14 other tech hubs, mostly in the United States, but also in Mexico, India and Costa Rica.

Walmart is offering to pay for the relocations or, in the case of those who do not want to move, severance pay. As yet, there is no timetable for the relocations.

Also, going forward, Walmart tech workers will be required to come into the office at least two days a week.

Walmart is only the latest major company to downsize its tech footprint. Early in February, tech giant and Google parent company Alphabet said it will incur about $500M in expenses in the first quarter associated with leaving office space it occupies.

Continue reading this story with a free account

Log in or register
Related Topics: Walmart
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Trump's New Canadian Tariffs To Spike Additional Materials Costs

Wells Fargo Moves To Foreclose On $1.3B Workspace Property Trust Portfolio

Turner Construction Hit With Cyberattack, Hackers Claim Leaks Of Military Info, NDAs

Latest Round Of Fannie Mae Senior Staff Layoffs Has Multifamily Sector Anxious

Why Hines Is Restarting Its Development Engine

How Integrated Infrastructure Can Help AI Data Centers Deploy Faster, Build Smarter

Nvidia Buys Stake In Data Center Power Company

Invesco Cuts Fees, Adds Incentives To Quell Fund Redemption Requests

Investors Anchor Big Capital Into Marinas, Betting On Shallow Supply

Nike Closes 15 Stores Amid Tumultuous Year

Large Commercial Real Estate Sales Up 30% Despite Economic Headwinds

Evergrande Founder Sentenced To Life, 56 Others Sent To Prison In China