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Walmart to Cut Jobs as It Focuses on 'Future of Retail'

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The Wall Street Journal reported that 1,500 Walmart U.S. corpꩵorate jobs would be eli🐲minated.

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Key Takeaways

  • Walmart is laying off workers as it restructures in reaction to changes in retail.
  • The Wall Street Journal reported that 1,500 Walmart U.S. corporate jobs would be eliminated.
  • The biggest brick-and-mortar retailer said the moves were being made because "technology is evolving at an unprecedented pace."

Walmart (WMT) is laying off workers as part of a U.S. restructuring the retailing giant said was designed to "sharpen ﷽our focus" in ord♐er to "accelerate our progress delivering the experiences that will define the future of retail."

The Wall Street Journal reported that 1,500 U.S. corporate positions would be eliminated.

In a letter to employees, a copy of which was provided to Investopedia, Walmart explained it was "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."

The company added that because "technology is evolving at an unprecedented pace," these moves allow it to "accelerate how we deliver and adapt to the changing environment around us."

The Journal quoted a company spokesperson as saying the reductions were not related to new U.S. tariffs. Last weekend, President Trump blasted the biggest brick-and-mortar retailer for suggesting it would need to increase prices because of the new duties, arguing that Walmart should "eat th🗹e tariffs." That led Walmart to respon☂d by saying, "We have always worked to keep our prices as low as possible and we won't stop."

Walmart shares edged lower Thursday morning. They're up about 6% in 2025.

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  1. The Wall Street Journal. "."

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