Walmart plans to cut 1,500 jobs as part of an effort to adapt to the changing environment of the economy and technology. The Wall Street Journal was the first to report the cuts that will mostly take place in corporate positions,

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.