Walmart To Nix Fancy NYC Shopping Service And Lay Off Nearly 300 Workers
Video Credit: Wochit Business - Duration: 00:34s - Published
Walmart To Nix Fancy NYC Shopping Service And Lay Off Nearly 300 Workers
Walmart's New York City-based, members-only shopping service Jet Black will shut down on February 21.
However, Business Insider reports Walmart may still be able to use technology developed through Jet Black.
A Walmart spokesperson says the company will "focus on how to leverage Walmart's infrastructure to make conversational commerce scalable." Over 350 Walmart employees work on the Jet Black service.
293 jobs will be cut, while 58 employees will be retained.
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