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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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  • 72% of the sources are Center
72% Center

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KYTX broke the news in on Wednesday, May 21, 2025.
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