Walmart to Cut Hundreds of Jobs: What to Know [Video]

Walmart is planning to cut hundreds of jobs and close a North Carolina office as the company continues to focus efforts on its main hubs in California and Arkansas.

According to a memo issued on Tuesday, a copy of which was first obtained by Fox News, employees in Hoboken, New Jersey, and other smaller posts have also been asked to relocate to Walmart‘s new headquarters in Bentonville, Arkansas, and its office in Sunnyvale, California.

Walmart did not comment when contacted by Newsweek but shared the memo Chief People Officer Donna Morris issued.

Why It Matters

Walmart is the largest private employer in the U.S., with about 1.6 million employees, and the largest company in the country in terms of revenue.

The company’s decision regarding office-based employees in Hoboken and elsewhere also follows the trend of several large businesses—including Amazon, Google and Microsoft—demanding that employees return to the office.