Walmart to cut 1,500 jobs in restructuring move
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Walmart said it would eliminate members of its global tech workforce in a memo sent to employees on Wednesday.
Walmart is laying off 1,500 workers amid restructuring, while grappling with rising prices due to tariffs on Chinese imports.
A memo sent to employees and seen by Newsweek says the layoffs are intended to help the company streamline its operations.
Walmart is restructuring its operations and cutting about 1,500 jobs as part of its new plan, multiple reports say.
Walmart plans to cut around 1,500 corporate jobs in a U.S. restructuring aimed at trimming its expenses and speeding up decision-making, The Wall Street Journal reported. The layoffs “reflect a focus on business priorities and our growth strategy, and are not related to tariffs,” a Walmart spokesperson told the newspaper.