Overview
- Walmart is cutting approximately 1,500 corporate jobs across its global tech, e-commerce fulfillment, and Walmart Connect advertising divisions.
- Executives state the restructuring is intended to streamline operations, improve decision-making, and foster innovation.
- New roles will be created to support Walmart's long-term business priorities, reflecting a strategic reallocation of resources.
- Affected employees will remain employed through August and receive assistance in finding other roles within the company.
- The company emphasizes that the layoffs are unrelated to tariffs, focusing instead on adapting to rapid technological changes and future retail trends.