By June, shoppers at the budget-friendly retailer may start to see higher prices on the shelves for these goods.

Walmart Inc. is cutting corporate staff in the company's headquarters in Bentonville, Arkansas, and other offices, people familiar with the matter said, as the world's biggest retailer looks to trim costs and contends with economic volatility.

Walmart said it would eliminate members of its global tech workforce in a memo sent to employees on Wednesday.

Walmart reported their fiscal Q1 ’26 earnings results last Thursday morning, May 15th, 2025 and while actual EPS beat consensus by 5%.

Walmart has significant China exposure -- about 60% of the manufactured products it sells -- but its reputation for "everyday low prices," economies of scale, and strength in groceries make it more resilient in a trade war or a down economy than most of its retail peers.

Economist Peter Schiff is once again calling out President Donald Trump’s logic on trade and tariffs, arguing that the economic logic behind this stance does not hold up. What Happened: On Saturday, Schiff posted on X in response to

David Bellinger, Mizuho senior analyst, joins CNBC's 'Money Movers' to discuss the potential impact of tariffs on Walmart.

U.S. retail bellwether Walmart is planning to cut about 1,500 jobs as part of a restructuring push to simplify its operations, according to a memo seen by Reuters.