Walmart planning to cut nearly 1,500 jobs to simplify operations, report says
- Walmart will lay off 1,500 employees to reduce expenses and improve decision-making, as reported by The Wall Street Journal.
- Following recent tariff hikes, Walmart CFO John David Rainey stated that prices on items like car seats will rise significantly, impacting families.
- Walmart's U.S. CEO confirmed the layoffs in a memo to corporate staff, as reported by Business Insider.
- The company's restructuring aims to remove layers in management to speed up innovation, with new roles also being created in line with future goals.
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Walmart slashing 1.5K corporate jobs
Retail giant Walmart is slashing about 1,500 corporate jobs after the company announced last week it plans to raise prices due to looming tariffs. “We are reshaping some teams in our Global Tech and Walmart U.S. organizations where we have identified opportunities to remove layers and complexity, speed up decision-making, and help associates innovate rapidly,”…


Walmart to cut nearly 1,500 jobs in major restructuring
Walmart will be cutting almost 1,500 corporate jobs, according to a memo sent to employees Wednesday. U.S. Chief Executive Officer John Furner and Chief Technology Officer Suresh Kumar notified corporate employees that the company would be reducing roles in the…
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