{"id":27323,"date":"2025-05-22T13:40:52","date_gmt":"2025-05-22T13:40:52","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/walmart-to-lay-off-roughly-1500-employees-from-its-corporate-tech-workforce\/"},"modified":"2025-05-22T13:40:52","modified_gmt":"2025-05-22T13:40:52","slug":"walmart-to-lay-off-roughly-1500-employees-from-its-corporate-tech-workforce","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/walmart-to-lay-off-roughly-1500-employees-from-its-corporate-tech-workforce\/","title":{"rendered":"Walmart to lay off roughly 1,500 employees from its corporate tech workforce"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n 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class=\"lazyload embed__frame\" data-width=\"1920\" data-height=\"1080\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\" id=\"walmart-plans-to-raise-prices-as-tariff-uncertainty-looms-over-upcoming-holidays--hero\" title=\"Video: Walmart plans to raise prices as tariff uncertainty looms over upcoming holidays\" data-sort-time=\"1747352730000\" data-update-time=\"1747352730000\"><\/iframe><\/p><\/div>\n<p>          <button class=\"player-overlay__button--icon-close__mobile\" data-target=\"\" aria-label=\"Close sticky player\"><br \/>\n        <svg class=\"player-overlay__button--icon\">\n          <use xlink:href=\"#player-icon-close\"\/>\n        <\/svg><br \/>\n      <\/button><\/p><\/div>\n<\/p><\/div><figcaption class=\"embed__caption-container\">\n                              <a href=\"https:\/\/www.cbsnews.com\/video\/walmart-plans-to-raise-prices-as-tariff-uncertainty-looms-over-upcoming-holidays\/\" class=\"embed__headline-link\" data-invalid-url-rewritten-http=\"\"><\/p>\n<p>          <span class=\"embed__icon\"><br \/>\n            <svg viewbox=\"0 0 32 32\" aria-hidden=\"true\">\n              <use xlink:href=\"#icon-video\"\/>\n            <\/svg><br \/>\n          <\/span><\/p>\n<p>          <span class=\"embed__headline\">Walmart plans to raise prices as tariff uncertainty looms over upcoming holidays<\/span><\/p>\n<p>          <span class=\"embed__video-duration\">03:30<\/span><\/p>\n<p>                      <\/a><\/p>\n<\/figcaption><\/figure>\n<section class=\"content__body\">\n<p>Walmart is eliminating members of its Global Tech team in an effort to increase efficiency, the company said in a memo to employees on Wednesday.\u00a0<\/p>\n<p>Roughly 1,500 jobs will be cut as part of the restructuring, according to a person with knowledge of the matter. The layoffs will impact corporate employees, not store associates.\u00a0<\/p>\n<p>The retailer said the cutbacks are intended to &#8220;speed up decision-making&#8221; and &#8220;remove layers and complexity,&#8221; according to the email sent to employees by Suresh Kumar, Walmart&#8217;s global chief technology officer and chief development officer and John Furner, president and CEO of Walmart U.S.<\/p>\n<p>&#8220;In Global Tech, we are evolving teams across the organization, with a focus on simplifying our structure to facilitate speed and innovation,&#8221; the memo reads. &#8220;The world of technology is evolving at an unprecedented pace, and reshaping our structure allows us to accelerate how we deliver and adapt to the changing environment around us.&#8221;<\/p>\n<p>As part of the restructuring, Walmart said it is eliminating roles while also opening some new ones.<\/p>\n<p>The world&#8217;s largest retailer, headquartered in Bentonville, Arkansas, has approximately 1.6 million employees and 4,600 locations in the United States.<\/p>\n<p>Walmart last month <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/walmart-tariffs-price-hikes\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">said earlier this month<\/a><\/span> that it will raise prices in response to tariffs. Walmart earned $4.4 billion in the quarter ended April 30, down from $5.1 billion in the year-ago period. <\/p>\n<p>    <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation \">\n        <\/aside>\n<p>    <!-- tags --><\/p>\n<div class=\"content-author\">\n      <a href=\"https:\/\/www.cbsnews.com\/team\/mary-cunningham\/\" class=\"content-author__name\" data-invalid-url-rewritten-http=\"\">Mary  Cunningham<\/a><\/p>\n<div class=\"content-author__bio\">\n<div class=\"content-author__full-information\">\n<p class=\"content-author__text\">Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at &#8220;60 Minutes,&#8221; CBSNews.com and CBS News 24\/7 as part of the CBS News Associate Program.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/section><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/news\/walmart-tech-layoff-corporate\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Walmart raising prices amid tariff uncertainty Walmart plans to raise prices as tariff uncertainty looms over upcoming holidays 03:30 Walmart<\/p>\n","protected":false},"author":1,"featured_media":27324,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[799,353,2829],"class_list":["post-27323","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-stories","tag-tariffs","tag-technology","tag-walmart"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Walmart to lay off roughly 1,500 employees from its corporate tech workforce - World News<\/title>\n<meta name=\"description\" content=\"Walmart said it would eliminate members of its global tech workforce in a memo sent to employees on Wednesday.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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