Walmart WMT 2.16%increase; green up pointing triangle said Tuesday it would cut or relocate about 1,000 corporate workers as it looks to combine more of its global-technology and product teams, according to people familiar with the situation.
This past summer Walmart hired Daniel Danker, who was an Instacart executive, to fill a new role as head of global AI acceleration. Since then Danker and Walmart’s head of global technology, Suresh Kumar, have reviewed their internal structures and decided to streamline some teams to operate more efficiently, the leaders said in a memo sent to staff Tuesday and viewed by The Wall Street Journal.
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