Walmart to Cut 1,500 Jobs in Global Tech Team for Efficiency
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Walmart plans to cut approximately 1,500 jobs in its global technology team as part of a strategy to streamline operations and adapt to economic changes. The layoffs will mainly impact employees in Bentonville, Arkansas. This decision follows a restructuring process earlier this year and aims to enhance efficiency and reduce costs. Despite strong recent performance, Walmart has warned of potential price increases due to rising tariffs, which has drawn criticism from President Trump. The company employs around 1.6 million people in the U.S.
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