Walmart is set to cut around 1,500 corporate jobs as it restructures to cut expenses and improve efficiency. The layoffs focus on global technology operations, U.S. e-commerce fulfillment, and the Walmart Connect advertising team. The company emphasizes that these changes are unrelated to tariffs and instead reflect shifts in priorities and growth initiatives.
Key Takeaways
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Walmart is cutting 1,500 corporate jobs, mainly in technology, e-commerce, and advertising, as part of a broader efficiency effort.
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The layoffs are not linked to tariffs, but upcoming price hikes on some items are due to increased import costs.
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The company will create new roles and maintain investments in employee wages alongside its restructuring.
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