Walmart to cut about 1,500 corporate jobs
1. Walmart is cutting over 1,000 jobs to lower expenses and increase efficiency. 2. The cuts focus on Walmart U.S. operations, aiming for faster decision-making. 3. Price increases are anticipated due to pressures from tariffs on imported goods. 4. Walmart CEO warns they cannot absorb all tariff costs amid tight retail margins. 5. New roles will be created aligned with business priorities and growth strategy.