Walmart Seeks Cost Cuts Through Strategic Job Reductions
()- U.S. retail leader Walmart is considering cutting approximately 1,500 positions as part of an effort to reduce costs and streamline processes, according to a memorandum obtained by .
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 speed up our advancement in creating the experiences that will shape the future of retail, we need to concentrate more intently,” the memo stated.
According to the plan, the firm will phase out certain positions while introducing several new roles as well.
Walmart stands as the biggest private employer in the U.S., boasting roughly 1.6 million staff members domestically. The company reported employing around 2.1 million individuals globally based on information from their site.
It is likewise the nation’s largest importer, receiving approximately 60% of its imports—primarily goods like apparel, electronic devices, and toys—from China.
The Wall Street Journal initially reported on the proposal to reduce staff positions.
The firm previously announced that it would increase costs for certain items by the end of May due to President Donald Trump’s trade conflict impacting its supply chain.
In February, Walmart reduced certain positions and shut down an office in North Carolina as part of their strategy to shift staff to major centers located in California and Arkansas.
(Reported by Juveria Tabassum in Bengaluru; Edited by Vijay Kishore and Arun Koyyur)