Walmart will be cutting almost 1,500 corporate jobs, according to a memo sent to employees Wednesday. U.S. Chief Executive Officer John Furner and Chief Technology Officer Suresh Kumar notified corporate employees that the company would be reducing roles in the technology,

Walmart has announced plans to lay off 1,500 corporate employees, part of what it calls a restructuring as it weighs plans to raise prices amid Trump administration tariffs.

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.