Walmart is set to cut approximately 1,500 jobs as part of a wider restructuring aimed at streamlining its operations and focusing on future retail strategies. The move will affect roles within the company's global technology teams, e-commerce fulfilment in U.S. stores, and its advertising division, Walmart Connect.
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According to an internal memo seen by Reuters, the decision forms part of an effort to "accelerate progress" and deliver "the experiences that will define the future of retail". Some positions will be eliminated, while others will be created in a strategic reshaping of the workforce.
Walmart remains the largest private employer in the United States, with around 1.6 million staff and roughly 2.1 million employees globally. It is also the country's largest importer, sourcing about 60% of its products, including clothing and electronics, from China.
This restructuring follows earlier cuts in February, when Walmart closed an office in North Carolina and relocated staff to its central hubs in California and Arkansas. The company also recently warned of price increases by the end of May due to supply chain pressures linked to former President Donald Trump's trade policies.
The Wall Street Journal first reported on the latest job cuts, highlighting Walmart's push for operational efficiency amid evolving consumer habits and increased competition in the retail space. While roles are being axed, the firm is positioning itself for long-term adaptability through role reshuffling and strategic investments.
Source: www.reuters.com