Walmart announces 1,500 job cuts after Trump tells US retail giant to ‘eat the tariffs’

https://m.economictimes.com/news/international/global-trends/walmart-announces-1500-job-cuts-after-trump-tells-us-retail-giant-to-eat-the-tariffs/articleshow/121335233.cms

by kootles10

10 comments
  1. From the article:

    US retail giant Walmart is planning to cut around 1,500 corporate jobs as part of a restructuring effort to simplify its operations, adding to the latest list of companies announcing layoffs, reported news agency Reuters. This is a part of a restructure designed to shave expenses and enable faster decision making.

    The move is aimed towards streamlining its operations, according to an internal memo cited by Reuters. The job cuts are expected to span across a range of roles, impacting staff in Walmart’s global technology division, e-commerce operations within US stores, and its advertising unit, Walmart Connect.

    The company’s plan will impact teams in its global technology operations, e-commerce fulfillment in US 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.

  2. The first wave of lots of job losses to come.

    Trump hates our country.

  3. I wonder how many other companies will use the tariffs as an excuse to cut their workforce.

  4. Did anyone say thank you to Donny for these amazing job cuts?

  5. While it’s not good news for people being let go, it’s worth noting Walmart has 2.1M employees, so 1500 is truly meaningless.

  6. 1500 people will lose their jobs, but to walmart, that is nothing. They employ 1.6m in the US, so maybe they fired the restroom attendants?

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