Walmart to cut 1,500 jobs in restructuring move
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Walmart plans to cut around 1,500 corporate jobs in a U.S. restructuring aimed at trimming its expenses and speeding up decision-making, The Wall Street Journal reported. The layoffs “reflect a focus on business priorities and our growth strategy, and are not related to tariffs,” a Walmart spokesperson told the newspaper.
Walmart is laying off 1,500 workers amid restructuring, while grappling with rising prices due to tariffs on Chinese imports.
Walmart said it would eliminate members of its global tech workforce in a memo sent to employees on Wednesday.
The H-1B row and India hatred on social media got fresh fuel after Walmart announced that it is set to lay off approximately 1,500 employees. The affe.