Walmart plans job cuts in restructuring push to simplify operations

Reuters
2025/05/22
UPDATE 3-Walmart plans job cuts in restructuring push to simplify operations

Recasts paragraph 1 to focus on streamlining operations

May 21 (Reuters) - U.S. retail bellwether Walmart WMT.N 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.

The company's plan will impact teams in its global technology operations, e-commerce fulfillment in U.S. stores and its advertising business Walmart Connect.

"To accelerate our progress delivering the experiences that will define the future of retail, we must sharpen our focus," the memo said.

The company will also eliminate some roles and opening some new ones, according to the plan.

Walmart is the largest U.S. private employer with about 1.6 million employees. It employed about 2.1 million employees worldwide in total, according to its website.

It is also the country's biggest importer with about 60% of its imports, mainly items such as clothing, electronics and toys, from China.

The Wall Street Journal first reported about the plan to cut jobs.

The company had last week said it would raise prices for some products by the end of May as President Donald Trump's trade war hits its supply chain and increases expenses.

Walmart had cut some roles and closed its office in North Carolina in February as part of its move to relocate employees to its main hubs in California and Arkansas.

(Reporting by Juveria Tabassum in Bengaluru; Editing by Vijay Kishore and Arun Koyyur)

((Juveria.Tabassum@thomsonreuters.com;))

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10