Walmart is the latest retailer to be hit by mass layoffs as the chain confirmed today that it is laying off hundreds of employees and relocating others.

“Several parts of our business have made changes that will result in a reduction of several hundred roles on campus,” Walmart chief people officer Donna Morris. wrote in a memo for employees on Wednesday. “While the overall numbers are small in percentage terms, we are focused on supporting each of our associates affected by these changes.”

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EMPLOYEE they said that the “majority” of remote employees and those working in the company's Dallas, Atlanta and Toronto Global Tech offices would be relocated to Walmart's headquarters in Bentonville, Arkansas. Others would relocate to the San Francisco and New York/Hoboken offices.

“We believe that being together, in person, makes us better and helps us collaborate, innovate and move even faster,” Morris wrote. “We also believe it helps strengthen our culture as well as the growth and development of our associates.”

The decision to bring employees to Bentonville comes as no surprise since the company announced in 2019 its plans to create a massive 350-acre indoor campus with amenities including a fitness center, daycare, food hall, pickleball courts and a dozen separate buildings offices. Although construction and development have a way to go before completion, some buildings are already open.

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Walmart had a strong finish in 2024 as it reported a 6% annual increase in revenue and a 32% increase in operating income year over year.

“At Walmart, we are a people-led, technology-powered retailer dedicated to helping people save money and live better lives,” CEO Doug McMillon said in a release of earnings in that time. “We're innovating and changing as our associates and customers change, while staying true to who we are.”

Wednesday's holiday comes ahead of Walmart's first-quarter 2024 earnings report due Thursday.