Wal-Mart plans to cut around 300 jobs at its Arkansas headquarters as the US retail giant looks to boost efficiency throughout its operations.
In an open letter to head office associates, CEO Mike Duke insisted that the cuts were necessary for Wal-Mart to deliver “quality and value”.
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“A core part of our culture is to continually look for ways to be more efficient — to operate for less so we can sell for less,” he said.
In recent months, Wal-Mart has looked to cut costs at its Wal-Mart US and Sam’s Club businesses, as well as cutting costs by consolidating global sourcing.
“In line with our strategy, I’ve asked each of my direct reports to look across their span of control for opportunities to eliminate duplication, reduce costs, and shift work closer to the operating units, and therefore, closer to the customer.
“As a result, we will eliminate approximately 300 positions in north-west Arkansas, primarily in the corporate support areas. This was a difficult decision, but I believe that if we ask our operations to be leaner and more customer-focused, we must ask the same of our support teams at the Home Office,” Duke said.
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By GlobalData“With this last major strategic piece in place, we are beginning our new fiscal year with every part of our business focused on being even more responsive to our customers.”
